An indirect compensation agreement is an agreement whereby the company agrees to purchase a certain amount of products abroad that may not be directly related to the manufactured product. Often, because companies do not need certain products from the foreign country, they can do business with other companies. For example, Boeing may not need the type of steel made in France, but a fast food company could use French beef. Boeing could enter into a contract with the fast food company to buy French beef. Often, to attract fast food companies into the contract, we can offer something else, such as exclusive rights, to serve that company`s food in the Boeing cafeteria. There are many regional or national conferences and symposia, but recently goca and DMA have been holding global offset meetings together every two years. The first global clearing meeting was held in 2004 in Sintra, Portugal; athens, Greece (2006); the third in Seville, Spain, in 2008. Goca and DIOA will hold individual and joint conferences several times a year. The Report on the Status of the Presidential Commission, January 2001. The results of the Commission established by Public Law 106-113 on the impact of offsets on the U.S. economy and national security. As an example of a defence compensation proposal, we could describe a hypothetical case in which Nation P (buyer) purchased 300 tanks from Defense Company S (Seller, Nation S).
 The total sales contract is US$400 million and The applications of Nation P (Purchaser) are 120%. Defense Company S (seller) is required to honor a 120% rate of the sales contract, or $480 million. Nation P has agreed to a list of specific offset agreements and programmes to meet the overall commitment agreed with Company S (seller). The offset agreement includes both direct and indirect offsets. Barter – A transaction related to a single contract that involves the exchange of selected goods or services for another transaction of equivalent value. Counter-purchase – An agreement reached by the original exporter to purchase (or find a buyer) from the original importer for a certain period of time to purchase a certain value (often indicated as a percentage of the initial export). A full due diligence procedure must be implemented for each beneficiary as part of the exchange agreement. For example, as part of an agreement, due diligence should be undertaken against recipient companies and subcontractors, paying particular attention to whether there is a context of illegal behaviour or conflict of interest between foreign companies and officials.