Brazil’s loan from Sweden to buy Gripens gets lower interest rate

Sweden has agreed to lower the interest rate of the loan to help Brazil buy 36 Gripens from 2.54 percent to 2.19 percent.

Saab 39 Gripen NG Demo, Sweden - Air Force AN1752819
By Mike Freer – Touchdown-aviation [GFDL 1.2 or GFDL 1.2], via Wikimedia Commons

With the new agreement with Swedish export credit agency SEK, Brazil is expected to finalize the purchase agreement soon.

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