(Hindu Business Line, Mumbai, 16 July 2014) Export Credit Guarantee Corporation of India Ltd (ECGC) has signed a Memorandum of Understanding (MoU) on Co-operation with the export credit agencies of Brazil, Russia, China and South Africa in Fortaleza, Brazil. The MoU, which was signed in the presence of Heads of Governments from BRICS countries, will strengthen collaboration among BRICS countries’ ECAs by establishing a framework of co-operation among them to support and encourage international trade between the BRICS countries, and wherever appropriate, to facilitate the supply of goods and services from their respective countries as part of a project in any of the BRICS countries.
