BIS Extends Information Collection Comment Deadline for Offsets in Military Exports
The Bureau of Industry and Security is extending the public comment period for an information collection relating to offset agreements worth more than $5 million for sales of weapons systems or defense articles to foreign countries or companies (see 2402150023).…
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BIS said it defines offsets as “compensation practices required as a condition of purchase in either government-to-government or commercial sales of defense articles.” The agency is allowing for another 30 days of comments.