ABSTRACT

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Free Trade Agreements and Offsets

Author: Christian SYLVAIN et Mehdi el HARRAK

Type: Article

ref: 52015399-408

N0:5 of 2015

Pages: 399-408

Under the impetus of the United States and the European Union, international trade is increasingly regulated by free trade agreements. Offsets are being used more and more as a condition for awarding international government procurement contracts, raising the question of their place in free trade agreements. Are they protectionist measures which inevitably distort the market - contrary to the principles of free trade - or can they be considered as a tool for boosting the economies of developing countries? There is no clear answer to these questions. But one thing is sure: they are intricately linked with the objectives of free trade agreements.