BRAZIL-ISRAEL
July 1st, 2002
BY KEITH NUTHALL
THE ISRAELI Foreign Trade Risks Insurance Corporation has reinsured US$53 million of US$83.5 million in guarantees posted by the Multilateral Investment Guarantee Agency (MIGA) of the World Bank. The security covers Israeli telecommunications company ECI Telecom's investment in Brazilian company Global Village Telecom Ltda, which wants to construct and operate wireless telephone networks in Brazil.
THE ISRAELI Foreign Trade Risks Insurance Corporation has reinsured US$53 million of US$83.5 million in guarantees posted by the Multilateral Investment Guarantee Agency (MIGA) of the World Bank. The security covers Israeli telecommunications company ECI Telecom's investment in Brazilian company Global Village Telecom Ltda, which wants to construct and operate wireless telephone networks in Brazil.
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