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Brazil: BNDES provides capital injection and loan to Rumo SA for it railway logistics upgrade

Description

The BNDES FINEM credit line is subject to local value-content incentives. As such, so is the BRL 252 million (USD 47.2 million) loan to Rumo SA, granted on 2 January 2023 by the National Bank for Econ...

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Intervention Details

Intervention Type

Local content incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

02 Jan 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Products

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