Defence Offsets: Addressing the Risks of Corruption and Raising Transparency
Defence Offsets: Addressing the risks of corruption and raising transparency – Transparency International UK – April 2010.This report written by Transparency International UK addresses the issue of offsets in the Defence sector. Defense and security are very exposed sectors in the field of corruption and the risks of offsets are high due to their lack of transparency. Defence offsets are defined as “arrangements in which the purchasing government of the importing country obliges the supplying company of the exporting country to reinvest some proportion of the contract in the importing country. Offsets are big business and yet they are very opaque and receive much less transparency and attention that they should, given their susceptibility of corruption risk”. The study presents the defence market and industry and the international legal framework for offsets. It also examines the different types of corruption in the defence sector with a focus on the characteristics of offsets-related types of corruption. -click here to download report
Tags : defense offsets, transparency, defense and security, offsets-related types of corruption
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