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UAE Considers Offset Program

The UAE, like Saudi Arabia and to a lesser extent Kuwait, nowwants to introduce its own offset program, under which a proportion of the costof an arms deal should be invested in technological or industrial projects inthe UAE. According to Mr. Amin Badr al-Din, Chairman of the UAE Offset Group,which was set up by the UAE Government, "contracts will not be signed witharms suppliers who refuse to invest in the country." However, the...