National Aeronautics and Space Administration

Countertrade and International Offsets in the space program

Countertrade and / or offsets programs should be part of any federal agency or department when conducting international business. Many multi-nationals based in the US and overseas utilize countertrade and offset programs to maintain cash reserves, generate exports, reduce financial risk and reduce trade imbalances. When NASA pays pay $60M+ for a ride to the International Space Station, they could they not be receiving credit for $60M in US exports instead.

Offset programs are primarily used for defense purchases by governments. Offset programs should be expanded into all other branches, departments and agencies. Although the Department of Commerce has made strides in this area, there is so much more potential for US exports and a reduction of the balance of payments.

I agree to have my idea, not my name or information, posted online. YES

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Idea No. 9476