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Conference on agribusiness financing systems

Press Release
Brazil, 17 March, 2011

In March 2011, Cotecna Brazil was invited by the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD) to participate in a conference on agribusiness financing systems.

The objective of the conference that took place from February 28 to March 3 in São Paolo and Brasilia was to introduce the Rural Product Note (Cédula de Produto Rural - CPR) to a delegation from Ukraine and Russia that included members of the government, bankers, traders, lawyers, economists, etc.

CPR is an important agribusiness financing instrument that is commonly used in Brazil. It is a tool that facilitates cash resources for agricultural and livestock production, enabling producers to make the necessary investments by putting up their production capacity as collateral to the financers.

Cotecna presented the company’s business model focusing on monitoring mechanisms that are used to mitigate risks in the agri financing sector. The company was able to discuss and share its expertise and experience in trade finance support services with the participants. The IFC is keen to help transfer proven agribusiness financing systems to countries such as Russia and Ukraine.

Cotecna has been delivering trade finance support, inspection, testing and numerous other services to the international trading community throughout its worldwide network for 36 years and many Government procurement agencies and international trading firms entrust Cotecna daily with their cargoes.

-ends-

Contacts:

Cotecna Brazil
Fabio Liborio
Country Manager
Cotecna Serviços Ltda.
Brazil
Tel. 55 11 3383-1802
[Reveal email address]

Cotecna Press
Alison Bourgeois
Vice President Corporate Communications
Geneva
T +41 22 849 78 23
[Reveal email address]

CONTACT DETAILS

Brazil

COTECNA SERVIÇOS LTDA
Rua Artur de Almeida, 73
Vila Mariana
CEP: 04011-080 Sao Paulo

+55 11 33831800
+55 11 33831813

COTECNA SERVIÇOS LTDA (PARANAGUÁ)
Avenida Gabriel de Lara, 363
Leblon
CEP: 83.221-370
Paranagua

+55 41 34240307
+55 41 34233808

COTECNA SERVIÇOS LTDA (RIO GRANDE)
Rue 24 de Maio, 54
CEP: 96200-003 Rio Grande

+55 53 32322064
+55 53 32322064

COTECNA SERVIÇOS LTDA (SANTOS)
Rua Antonio Bento 142 - 2° Floor
11.075-260 Santos

+55 13 2104 7600
+55 13 2104 7609

COTECNA SERVIÇOS LTDA (VITORIA)
Rua Alberto de Oliveira Santos,
59 sala. 1605 - centro
CEP: 29.010-250 Vitoria

+ 55 27 3366 2298

COTECNA INSPECTION SA
58, rue de la Terrassière
P.O. Box 6155
1207 Geneva

+41 22 8496900
+41 22 8496969
[Reveal email address]