Español
FrançaisCountertrade
All foreign trade transactions resulting from exporter´s commitments to take products from the importers or from their respective countries in full or part payment for their exports. Countertrade is typical of trade with developing countries, which often suffer from a lack of foreign exchange and/or credit facilities. Countertrade transactions include barter, buy-back or compensation, counterpurchase, offset requirement and swap. See respective terms.
