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Article

The complexity of offsets

February 11, 2015

Jane's Defense Weekly - Offset agreements play a major role in global defense procurement, yet they are by their nature, secretive and complex. Toby Duthie and Lukas Bartusevicius at FRA outline the principles involved, and highlight key risks - the highest of which is non-compliance with anti-bribery and corruption legislation. This can lead to sanctions in multiple jurisdictions and major contract losses.

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