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Global Trade Alert

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Portugal: Introduction of scheme to support the gas intensive manufacturing industries in the context of Russia's invasion of Ukraine

Description

On 3 June 2022, the European Commission approved a EUR 160 million (USD 171 million) production subsidy scheme from Portugal. The aid will support gas-intensive Portuguese companies operating in the i...

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Intervention Details

Intervention Type

Production subsidy

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

03 Jun 2022

Revocation date

03 Oct 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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