© The Financial Times Ltd 2016
FT and 'Financial Times' are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
October 9, 2013 9:55 am
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.
Copyright The Financial Times Limited 2017. You may share using our article tools.
Please don't cut articles from FT.com and redistribute by email or post to the web.
Sign up for email briefings to stay up to date on topics you are interested in