Federative Republic of Brazil / General Cooperation Agreement between NEXI and ABGF

October 6, 2017

Nippon Export and Investment Insurance

Nippon Export and Investment Insurance (NEXI; Chairman and CEO: Kazuhiko Bando) signed the General Cooperation Agreement(GCA) with the Brazilian Guarantees and Fund Managements Agency (ABGF), the export credit agency of the Federative Republic of Brazil.

The GCA was signed by ABGF Chief Executive Officer Mr. Marcelo Pinheiro Franco and NEXI President Mr. Masafumi Nakada on October 4, 2017 at the Berne Union annual general meeting1 held from October 1 to 5 in Belgrade, Republic of Serbia.

ABGF Chief Executive Officer Mr. Marcelo Pinheiro Franco(right)
NEXI President Mr. Masafumi Nakada(left)

The purpose of the GCA is to develop a new framework for cooperation in fields of trade, investment and finance between the two agencies to effectively and fruitfully support Japanese and Brazilian companies through trade insurance when they try to win orders for projects in Brazil, Japan and other countries.

 Cooperation under the GCA

  • 1. Mutual and cooperative exchange of information on specific projects supported by the two agencies and their procedures, aiming for deeper cooperation.
  • 2. Information exchange on projects in Japan, Brazil and other countries
  • 3. Periodic review on the cooperation

NEXI will continue to support Japanese companies’ overseas business through cooperation with other export credit agencies.

【About ABGF】
Establishment August 2013
Location Brasilia and Rio de Janeiro (Federative Republic of Brazil)
Shareholder Government of the Federative Republic of Brazil (100%)
Capital BRL 50 million (Approx. JPY 1.7 billion)

Corporate Planning and International Relations Group, Corporate Planning and Policy Office

1 The Berne Union (International Union of Credit & Investment Insurers) is an international not-for-profit trade association which promotes sound development of export credit and foreign investment by providing a forum for exchanging information on common issues. It has 84 members from 73 countries and regions as of the end of September 2017.