Vnesheconombank and Brazilian Development Bank Held Workshop
OREANDA-NEWS. November 28, 2012. A workshop on sharing experience for specialists of the Brazilian Development Bank (BNDES) Group and Vnesheconombank Group was held at Vnesheconombank from 19 to 21 November, 2012. The workshop was organized as part of implementing the bilateral Agreement on Cooperation signed in November of 2008 and the multilateral Memorandum on Cooperation in Training Personnel and Sharing Experience between BRICS Member Countries Development Institutions.
In the course of the workshop specialists shared experience on working out financial institutions development strategies, evaluating socio-economic efficiency of the banks’ activity, a system of corporate governance, and approaches to selecting and examining investment projects and mechanisms for their financing. They gave top priority to comprehensive development of the countries territories, application of PPP mechanisms, each bank’s approaches to making arrangements for interacting with its subsidiaries, creating an export promotion system in each of the two countries with due regard to the countries’ WTO membership, as well as potential lines of cooperation and implementation of joint projects.
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