About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

128107 1 (1985-10-10)

handle is hein.gao/gaobactnv0001 and id is 1 raw text is: II 11111111 128107 UNITED STATES GENERA ACC0UNTING OFFICE ( O WASHINGTON, D c. 20548 FOR RELEASE ON DELIVERY Expected at 10:00 a.m. Thursday, October 10, 1985 STATEMENT OF FRANK C. CONAHAN U.S. GENERAL ACCOUNTING OFFICE BEFORE THE COMMITTEE ON ENERGY AND COMMERCE SUBCOMMITTEE ON OVERSIGHT AND INVESTIGATIONS HOUSE OF REPRESENTATIVES ON FOREIGN MILITARY SALES AND OFFSETS Mr. Chairman, Members of the Subcommittees: I am pleased to be here today to discuss offsets associated with U.S. overseas sales of military equipment. Over the past few years, we have issued several reports dealing with offsets, and coproduction programs. In these reports we raised questions about the impact of these arrangements, and the U.S. policy for coping with foreign country demands for increasingly large offsets. Today I would like to focus my remarks on three main points. First, offsets arrangements are not new. They are, and will likely continue to be, facts of life in international trade--both in the military and much larger civilian trade sectors. In a 1984 report, we stated that demands for offsets on weapons sales would increase. What we have learned since then confirms our view. R i ! t (/ 0 sl: ) _k a_\ ;k. r/0-7

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most