XXXVI, No 22, 19/11/2018
Universal offset law presented to World Bank, Saab asks for something simpler
Chantal Dagnaud, chairwoman of the European Club for Countertrade and Offset (ECCO), has presented a draft law governing compensatory measures in international government procurements. The draft, offered to the World Bank’s legal forum in Washington DC, is intended to add fairness, transparency, and accountability to the process of executing offset deals. “The proposed text is an opportunity to start a process with UNCITRAL and to update its 2004 International Public Procurement model law,” Ms Dagnaud told us.