Brasilia, 10 November 2017 – The Exchange Programme organised by the Brazilian Development Bank (BNDES) for G-NEXID members successfully concluded on 10 November 2017 after 5 days of fruitful exchanges in Rio de Janeiro and Brasilia.
It was the second exchange Programme organised in the framework of G-NEXID, after the initiative from Exim Bank of India in September 2016.
Driven by G-NEXID’s objective to boost bilateral and multilateral cooperation among members, the programme aimed at familiarising participants with BNDES’s financing facilities, in addition to providing an overview about other Brazilian governmental institutions engaged in export finance (the Brazilian Guarantees and Fund Managements Agency –ABFG, the Brazilian Trade and Investment Promotion Agency – APEX Brazil, the Brazilian Micro and Small Business Support Service –SEBRAE, the Foreign Trade Chamber of the Presidency of the Republic –CAMEX and finally the Ministries of Finance and Foreign Affairs).
It also offered the opportunity to engage with private sector representatives (Brazilian National Confederation of Industry –CNI) and large Brazilian companies (Eletrobras, Petrobras and Vale).
The programme also included the project site visit of the Bus Rapid Transit (BRT) system –a high-quality bus-based transit system that delivers fast, comfortable, and cost-effective services at metro-level capacities– connecting Rio de Janeiro.
Benefiting from the presence of eight members (BNDES, Development Bank of Zambia –DBZ, Eastern and Southern African Trade and Development Bank –TDB Bank, Export-Import Bank of India, Foreign Trade Bank of Latin America –Bladex, Indonesia Eximbank, Nigerian Export-Import Bank –NEXIM Bank, and Saudi Export Program –SEP), the programme also included the 2017 Second Steering Committee Meeting, thus allowing members to take note of the achievements of the work programme for 2017 and consider the upcoming activities for the next year.