WASHINGTON, May 21 -- Bureau of Industry and Security has issued a notice called: Reporting for Calendar Year 2024 on Offsets Agreements Related to Sales of Defense Articles or Defense Services to Foreign Countries or Foreign Firms.
The notice was published in the Federal Register on May 21 by Julia Khersonsky, Deputy Assistant Secretary for Strategic Trade.
Summary: This notice is to remind the public that U.S. firms are required to report annually to the Department of Commerce (Commerce) information on contracts for the sale of defense articles or defense services to foreign countries or foreign firms that are subject to offsets agreements exceeding $5, 000, 000 in value. U.S. firms are also required to report annually to Commerce infor...