Bahrain quietly launches offset policy
Bahrain quietly launches offset policy 29 April 2021 by Charles Forrester Bahrain is the latest country in the Gulf region to launch a defence offset policy. Known as the BDF Economic Programme, the new policy aims to support economic development in the Kingdom via the procurements of the Bahrain Defence Force (BDF). The new policy covers defence procurements valued at more than USD7 million, with a requirement for 60% of the contract value to be discharged by the supplier. Companies that already have an existing offset agreement with the BDF will also be required to fulfil an offset agreemen...