Indonesia To Put Offset Rules Into Law
By Leithen Francis .
Source: Aviation Week & Space Technology .
Indonesia—thanks to the fact it is Southeast Asia's largest economy—has emerged in the past 12 months as one of Asia's biggest defense spenders. This has meant foreign defense companies are now targeting Indonesia with renewed vigor, but they would be well advised to take note of legislation that is about to enter Indonesia's parliament, which will make offsets and industrial cooperation a legal requirement when selling military equipment to the country ...
Indonesia—thanks to the fact it is Southeast Asia's largest economy—has emerged in the past 12 months as one of Asia's biggest defense spenders. This has meant foreign defense companies are now targeting Indonesia with renewed vigor, but they would be well advised to take note of legislation that is about to enter Indonesia's parliament, which will make offsets and industrial cooperation a legal requirement when selling military equipment to the country ...