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Global Trade Alert

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Brazil: BNDES provides loan to Grupo Aroeira for expanding its sugar cane production and renewable electricity generation

Description

On 29 June 2022, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 145 million (approx. USD 27.7 million) loan to support Grupo Aroeira, particularly...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Jun 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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