Its hoped the deal will round of a process started in Cape Town 18 years ago.

Seventy seven countries have signed off on the Cape Town Convention securing guarantees for aviation projects.

Further accords have been reached regarding railway rolling stock and space assets.

The meeting underway in Pretoria seeks to arrive at an international protocol providing a global legal framework for financing mining, agcricultural and construction equipment.

The stock in these goods is expected to reach 90 billion dollars over the next five years in developing countries where it will have an impact of 23 billion dollars.

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