ICC-ECCO Guide to International Offset Contracts (2019)
ICC Albania2019-03-26T06:57:50+02:00The International Chamber of Commerce (ICC), in collaboration with the European Club for Countertrade and Offset (ECCO), has released guidance to help firms navigate and negotiate international offset contracts – a growing phenomenon in global trade across a variety of strategic sectors. The ICC-ECCO Guide to International Offset Contracts provides practical guidance and legal context for firms engaging in the use of offset contracts within public procurement procedures around the world. The new tool provides an overview of the functional and legal technicalities of offsets, including their legal status within global agreements and international public law. Emily O’Connor, ICC Director of