offset agreement
Defined in 2 places of the United States Code.
the term “offset agreement” means an agreement, arrangement, or understanding between a United States supplier of defense articles or defense services and a foreign country under which the supplier agrees to purchase or acquire, or to promote the purchase or acquisition by other United States persons of, goods or services produced, manufactured, grown, or extracted, in whole or in part, in that foreign country in consideration for the purchase by the foreign country of defense articles or defense service from the supplier; and
Source
- 1994–present22 U.S.C. § 2776Foreign Relations and Intercourse · Reports and certifications to Congress on military exports · for purposes of this section
the term “offset agreement” means an agreement, arrangement, or understanding between a United States supplier of defense articles or defense services and a foreign country under which the supplier agrees to purchase or acquire, or to promote the purchase or acquisition by other United States persons of, goods or services produced, manufactured, grown, or extracted, in whole or in part, in that foreign country in consideration for the purchase by the foreign country of defense articles or defense services from the supplier;
Source
- 1994–present22 U.S.C. § 2779AForeign Relations and Intercourse · Prohibition on incentive payments · for purposes of this section