Defense Trade: Report and Recommendations of the Defense Offsets Commission Still Pending

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A letter report issued by the General Accounting Office with an abstract that begins "Export sales of defense-related products often include "offsets"-- industrial and commercial benefits, such as technology transfer, which U.S. companies provide to foreign governments as incentives or conditions for purchasing military goods and services. Over the past decade, offsets have increased and in 1998, they totaled about $3 billion per year. In December 2000, GAO reported that countries are becoming increasingly sophisticated in their use of offsets to achieve regional industrial and employment goals. In 1999, Congress established a National Commission to report on the extent and … continued below

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United States. General Accounting Office. May 30, 2003.

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Description

A letter report issued by the General Accounting Office with an abstract that begins "Export sales of defense-related products often include "offsets"-- industrial and commercial benefits, such as technology transfer, which U.S. companies provide to foreign governments as incentives or conditions for purchasing military goods and services. Over the past decade, offsets have increased and in 1998, they totaled about $3 billion per year. In December 2000, GAO reported that countries are becoming increasingly sophisticated in their use of offsets to achieve regional industrial and employment goals. In 1999, Congress established a National Commission to report on the extent and nature of offsets in international defense trade by October 2001. The Director of the Office of Management and Budget (OMB) was designated chair of the Commission. Congress also required the President to report, within 90 days after the Commission's final report, on the feasibility and desirability of seeking a multilateral treaty with international trading partners on standards for use of defense offsets. GAO's report responds to the congressional mandate for GAO to monitor and periodically report on the President's progress in reaching a multilateral treaty."

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Government Accountability Office Reports

The U.S. Government Accountability Office (GAO) is an independent, nonpartisan agency that works for the U.S. Congress investigating how the federal government spends taxpayers' money. Its goal is to increase accountability and improve the performance of the federal government. The Government Accountability Office Reports Collection consists of over 13,000 documents on a variety of topics ranging from fiscal issues to international affairs.

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  • May 30, 2003

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  • June 11, 2014, 5:03 a.m.

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United States. General Accounting Office. Defense Trade: Report and Recommendations of the Defense Offsets Commission Still Pending, report, May 30, 2003; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metadc294782/: accessed October 8, 2026), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.

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