• Headlines from latest issue - , No 4, Monday 18th February, 2019

    Turkey’s SSB on Law 7161: “This doesn’t apply to us”

    Turkey’s Savunma Sanayii Başkanliği (SSB) denies that Law 7161, effective since January 17th, provides obligors with a way out of their offset commitments. “Their denial, from a legal perspective, is not reasonable,” a lawyer told us. “It is not possible to say it does not cover offset agreements”.

  • Headlines from latest issue - , No 4, Monday 18th February, 2019

    Ukraine makes offset mandatory for defence procurement

    Ukraine, which has an increasing need for defence materiel, has introduced legislation to make offsets mandatory for defence procurements. Ukraine used to require foreign OEMs to engage in assembly and parts production on an ad hoc basis.

  • Headlines from latest issue - , No 4, Monday 18th February, 2019

    Australian companies warned: Don’t gouge the taxpayer

    Australian defence minister Christopher Pyne has warned Australian companies wishing to benefit from industrial participation not to charge unfairly high prices. “Our defence industry doesn’t have a green light for gouging the taxpayer,” he told companies that had failed to win contracts. “We’re not interested in building people’s second beach houses.”

  • Headlines from latest issue - , No 4, Monday 18th February, 2019

    Romanian union leader criticises lack of offsets contracts, blames corruption

    Dumitru Costin, leader of Romania’s National Trade Union Bloc, has criticised the lack of offsets applied to Romanian defence procurements. He complained that according to contracts agreed with foreign prime contractors, offset investments worth around €750m have been pledged, but none have so far been executed.

  • Headlines from latest issue - , No 4, Monday 18th February, 2019

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DKF is a European non-profit association for countertrade & offset that welcomes the entire national and international entrepreneurial community as members.

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A|D|S is a trade organisation advancing UK AeroSpace, Defence and Security industries and formed through the merger of several defence associations, including the DMA, APPSS and SBAC.

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GOCA promotes trade and commerce between companies around the world and their foreign customers through a greater understanding of countertrade and offset.

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ECCO is a worldwide platform where both business-wise and broader legal, economic and financial issues related to offsets and industrial participation in general are discussed.

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