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Workshop Session "The Application of Abatements in Offset: towards a Code of Conduct" 3rd International Seminar on Offset and Industrial Cooperation 7. - 9. May 2007, Jerusalem. Astrid Boschker Senior Advisor Offset and Industrial Benefits Netherlands Ministry of Economic Affairs.
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Workshop Session "The Application of Abatements in Offset: towards a Code of Conduct" 3rd International Seminar on Offset and Industrial Cooperation 7. - 9. May 2007, Jerusalem Astrid Boschker Senior Advisor Offset and Industrial Benefits Netherlands Ministry of Economic Affairs
Contents • Background and goal • Definition • Benefits • Guiding principles 3rd International Seminar on Offset and Industrial Cooperation
Background and goal • Background • workshop discussion 2nd Seminar on Industrial Cooperation and Offset, Madrid • interested countries: UK, Finland, Spain, Belgium, South-Africa, Israel, The Netherlands • Goal • Code of Conduct on Mutual Abatements: guiding principles • Invitation to all interested countries 3rd International Seminar on Offset and Industrial Cooperation
2. Definition Arrangement between two or more countries to exchange the value of goods or services purchased by the government authorities to reduce the offset commitments in each of the countries. The intention is that the industry of each country benefits from the transaction by reducing the existing offset commitment or preventing the need for one. 3rd International Seminar on Offset and Industrial Cooperation
3. Benefits • Maximising the beneficial effect of exports • Reduce Offset Costs • Make it easier to export for smaller companies 3rd International Seminar on Offset and Industrial Cooperation
4. Guiding principles • Application and value • Timing and participants • Number of participants • Procedure of an abatement 3rd International Seminar on Offset and Industrial Cooperation
Questions Discussion 3rd International Seminar on Offset and Industrial Cooperation