Antônio Corrêa Meyer and José Virgílio Lopes Enei, partners of Machado, Meyer, Sendacz e Opice Advogados, believe many guarantee mechanisms could be envisaged in the PPPs context. For example, offsetting credits held by private partners against tax debts. Political risk insurance is an important guarantee instrument. At least, reliable guarantees must be developed according to the requirements and risks of each project.

Sources:   Valor Econômico April 02, 2004 p.E2
Date of insertion:   06/04/2004 - 12:33:37