Zarvan
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Brazil and Sweden have signed the financing contract that will facilitate the South American country's acquisition of 36 Saab Gripen NG multirole jets.
The financing contract signed between Brazil and Sweden on 25 August opens the door for Brazil's acquisition and development of the Gripen NG. (Saab)
The event occurred at the Brazilian Embassy in London on 25 August, and was attended by representatives of the Brazilian National Treasury's Attorney General Office (PGFN) and the Swedish Export Credit Corporation (SEK).
The signing is a result of negotiations between the two nations that culminated with an agreement on 29 July to set an interest rate of 2.19% per annum, which was approved by the Brazilian Federal Senate on 5 August. This interest rate will save Brazil up to BRL600 million (USD169 million).
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(107 of 365 words)
Brazil and Sweden sign financing contract for Gripen NGs - IHS Jane's 360
The event occurred at the Brazilian Embassy in London on 25 August, and was attended by representatives of the Brazilian National Treasury's Attorney General Office (PGFN) and the Swedish Export Credit Corporation (SEK).
The signing is a result of negotiations between the two nations that culminated with an agreement on 29 July to set an interest rate of 2.19% per annum, which was approved by the Brazilian Federal Senate on 5 August. This interest rate will save Brazil up to BRL600 million (USD169 million).
To read the full article, Client Login
(107 of 365 words)
Brazil and Sweden sign financing contract for Gripen NGs - IHS Jane's 360