Negotiating Countertrade & Offsets
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Negotiating Countertrade & Offsets Avoiding Legal & Contractual Pitfalls by Thaddeus C. Kopinski

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Published by Aslan Press .
Written in English


  • Commerce,
  • Business / Economics / Finance

Book details:

The Physical Object
Number of Pages262
ID Numbers
Open LibraryOL11537962M
ISBN 100940321017
ISBN 109780940321014

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  Countertrade is a reciprocal form of international trade in which goods or services are exchanged for other goods or services, rather than for hard currency. Author: Will Kenton. The Permanent Commission on Offsets (CPC) is a government agency, which depends on the Ministries of Defense and of Economy, and it is in charge of negotiating and supervising offsets. The threshold is 10 million Euro and the minimum offset request is %. Promoting global trade and understanding. The purpose of the Global Offset and Countertrade Association (GOCA) is to promote trade and commerce between companies around the world and their foreign customers through a greater understanding of countertrade and offset. Offers a forum for companies involved in offset and countertrade to meet. The European Club for Countertrade and Offset (ECCO) is an Association incorporated under French law and established in It aims to bring together parties involved in Offsets, Industrial Participation and/or countertrade activities.

Necessity. Countertrade also occurs when countries lack sufficient hards currency, or when other types of market trade are impossible.. In , India and Iraq agreed on an "oil for wheat and rice" barter deal, subject to United Nations approval under Article 50 of the UN Persian Gulf War sanctions, that would facilitate , barrels of oil delivered daily to India at a price of $ a. national Trade Law (UNCITRAL) and by its Working Group on International countertrade in , in the context of the discussion of the Commission's work in the field ofthe new international economic order.l In the Commission decided to prepare a legal guide on . Types of Countertrade)Offsets: involves an arrangement whereby the seller is required to assist in or to arrange for the marketing of products produced by the buying country or to allow some portion of the exported product to be assembled or manufactured by producers located in the buying country.)Switch-trading: refers to a switch in theFile Size: KB. The Countertrade Handbook by Dick Aib Francis (Author) ISBN ISBN X. Why is ISBN important? ISBN. This bar-code number lets you verify that you're getting exactly the right version or edition of a book. The digit and digit formats both work. Cited by: 9.

The European Club for Countertrade and Offset provides an international platform to share information and best practices in the field of offset and countertrade activities. Its activities are based on three pillars. 1. Business community ECCO organises Symposiums which give its members the opportunity to network and exchange best practices.   The Ormita Commerce Network is the world's largest multilateral reciprocal trading system, with subsidiaries that conduct business worldwide. The Company provides an . Offset is a hyponym of countertrade. As nouns the difference between countertrade and offset is that countertrade is (international trade) exchange of goods or services that are paid for, in whole or part, with other goods or services while offset is anything that acts as counterbalance; a compensating equivalent. As a verb offset is to compensate for something. involving countertrade by: • negotiating the fee to the banks or other bodies facilitating the transaction. • valuing, and evaluating, the goods and services offered by the buying organisation • evaluating and minimising the risks involved with the countertrade transaction or contract.