Offsets can be defined as provisions to an import agreement, between an exporting foreign company, or possibly a government acting as intermediary, and an importing public entity . The incentive for the exporter results from the conditioning of the core transaction to the acceptance of the offset obligation.Offset agreements often involve trade in military goods and services and are alternatively called: industrial compensations, industrial cooperation, offsets, industrial and regional benefits, balances, juste retour or equilibrium, to define mechanisms more complex than counter-trade.Counter-trade can also be considered one of the many forms of defense offset, to compensate a purchasing country.
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