Brazil joins OECD countries in landmark pact on civil aircraft export credits

The world’s major civil aircraft exporting countries, including OECD countries and Brazil, announced a landmark agreement limiting government support for export deals

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• Aircraft Sector Understanding on Export Credits for Civil Aircraft - Remarks made during the Signing Ceremony in Brazil

Aircraft Sector Understanding on Export Credits for Civil Aircraft - Remarks made by Angel Gurría during the Signing Ceremony in Brazil

The OECD Secretary-General hailed the accord as a breakthrough in international trade diplomacy in a highly competitive sector. He predicted that "the agreement will focus competition for sales of civil aircraft on price and quality instead of on levels of government support”. Brazil is the first non-OECD country to join OECD countries in a trade pact relating to export credits.

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• Brazil joins OECD countries in landmark pact on civil aircraft export credits

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• Entendimento no Sector da Aviação sobre Créditos à Exportação para Aeronaves Civís - Observações de Angel Gurría feitas durante a Cerimónia de Assinatura no Brasil

Entendimento no Sector da Aviação sobre Créditos à Exportação para Aeronaves Civís - Observações de Angel Gurría feitas durante a Cerimónia de Assinatura no Brasil

O Secretário Geral da OCDE acolheu este acordo como uma etapa decisiva na diplomacia do comércio internacional num sector altamente competidor. O Secretário Geral previu que "o acordo focalizará a concorrência da venda dos aviões civis sobre o preço e a qualidade em vez dos níveis de sustentação do governo. O Brasil é o primeiro país não membro a juntar-se aos países da OCDE para um pacto de comércio sobre Créditos à Exportação.

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• Aircraft Sector Understanding on Export Credits for Civil Aircraft - Remarks made by Angel Gurría during the Signing Ceremony in Brazil

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