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• The jets were offered at $34 million each, but the price will be settled as part of a complicated countertrade deal in which the Russians will purchase Indonesian rubber and coffee.
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Countertrade is a useful way to arrange for the supply of exports to a country that does not have the resources to pay for them in hard currency.
Sometimes both parties are happy with the goods they receive; other times one country will liquidate the received asset, ultimately receiving cash in the deal. This is also referred to as "using barter to complete a trade."
The former Soviet Union would often countertrade, agreeing to trade, say, Soviet oil for another country's vehicles.
антипассат
зустрічна торгівля
- countertrade transaction
зустрічна торгівля; компенсаційна торгівля; компенсаційні угоди
n метео
антипасат