Compensation trade is, meaning and form

Compensation trade is refers to the foreign manufacturers to provide or use foreign production technology and equipment, import and export credit to import our enterprise for production, the way to back its products price or credit the principal and interest paid in installments with the other technology and equipment trade way. Compensation trade is the form? 1, a buy-back said a buyback or back in compensation trade, with imported equipment or other materials of the product, known as direct product, pay with direct product, called buy-back. Generally applicable to the equipment and technology trade, someone called 'industrial compensation in the world. In our country, generally referred to as direct compensation. 2, buy goods, collectively known each other for one party to pay for imports for the first time import payment is not directly produced by imported material products, but the two sides agreed other commodities, namely indirect product. Sometimes because of this trade is not directly linked to other production, some call it so in the developed capitalist countries' commercial 'compensation trade. Due to the compensation trade with indirect product to pay, generally called indirect compensation trade is, in our country. 3, multilateral compensation or call on this form of compensation trade form is more complex. Instead of import customs clearance agent for the first time by a third country products or provide compensation obligation for one party.