Indonesia has enshrined in law its offset policy for the purchase of foreign defense equipment, setting the level of offset investment at 35%, Defense Minister Purnomo Yusgiantoro tells Aviation Week. The law, passed “a couple of weeks ago,” does not detail how the 35% offset must be achieved, Purnomo says. “The law outlines the principles, but not the detail,” he says, adding that the president or defense minister can outline the details in regulations. “The 35% offset requirement still ...
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