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October 9, 2013 9:55 am

The history of defence offsets

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Countries have long used weapons sales to boost their economies.

In the years after the second world war, US President Dwight Eisenhower sought to recoup some of America’s military costs by pushing Europeans to buy US-made weapons. Today, weapons-hungry countries in the Middle East and Asia dictate the terms, demanding that defence companies help them create high-tech and defence industries of their own.

Here we explore the so-called offsets that accompany big weapons sales and the laws that have developed around them.

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