Foreign watches discussed (8)
I believe the answer is:
overseas
'foreign' is the definition.
(similar in meaning)
'watches discussed' is the wordplay.
'watches' becomes 'oversees' (I've seen this before).
'discussed' indicates a 'sounds like' (homophone) clue.
'oversees' sounds like 'OVERSEAS'.
(Other definitions for overseas that I've seen before include "In foreign parts" , "abroad - with 12a" , "Exotic" , "In a foreign country" .)