Indonesia outlines 2021 offset target 18 January 2021 by Jon Grevatt The Indonesian Ministry of Defence (MoD) has outlined an objective to enhance foreign engagement with in-country countertrade and offset requirements in 2021 to support the development of national industries. The MoD said in recently published targets for 2021 that during the year it aims to “enhance promotion of co-operation” between local firms and foreign contractors in the defence sector. The MoD said such co-operation will be geared towards “increasing industry capability” and will be channelled into three activities: countertrade, local content, and offsets. Already a Janes subscriber? Read the full article via the Client Login