Brazil and Israel sign cooperation agreement for projects in Information and Communication Technologies
The countries will sign an agreement of cooperation for financing projects, starting at US$ 500 thousand to develop new technologies in the ICT sector. The projects will be financed by BNDES, FINEP and MATIMOP, the Israeli agency for development. Israel maintains similar agreements with the US, China and countries of the European Union. "We have a wide horizon and a great interest in expand even more a partnership with a country that is an example of economic, technological and social development," declared Fernando PImentel, Minister for Development, Industry and External Commerce (MDIC).