International Procurement Policy

International Procurement Policy is a set of rules and guidelines that organizations follow when purchasing goods and services from other countries. It ensures that procurement processes are fair, transparent, and compliant with legal standards, while promoting value for money. The policy addresses issues like sourcing options, ethical considerations, and risk management across borders. Its goal is to efficiently acquire quality products while adhering to international trade agreements and avoiding corruption or unfair practices, ultimately supporting responsible and strategic global purchasing.