VOL. XXXIII

NO. 38

25-JUNE-1990

Saudi Arabia

Britain Proposes More Saudi Offset Projects

Two more joint venture projects with Saudi Arabia have been proposed by theBritish Ministry of Defense as part of the 1bn offset program linked to the15bn UK al-Yamama arms deal sales to the Kingdom. This raises their totalnumber to 10 of which four, with a cost of 100mn, have so far been approved bythe Saudi Offset Program Committee. The proposals were made by Mr. Alan Thomas,head of export services at the...