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SOVEREIGN GUARANTEE

A very important consideration associated with international marketing is the aspect of the purchasing country receiving a ‘Sovereign’ Guarantee from the selling country. This sovereign guarantee was extended to the Jamaica MOH by CCC in 1997 for the HERON PAS implementation, and can be anticipated in other countries, depending upon the business contract. CCC has shown considerable interest in HERON through an article in the 1998 CCC Annual report and through a write up in CCC’s newsletter, the Exporter, in 1999.

 


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