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Global Trade Alert

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Brazil: BNDES and MCom allocate BRL 1.1 billion in loans for telecommunication companies

Description

On 14 August 2023, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and the Ministry of Communications of Brazil allocated BRL 1.1 billion (USD 222 million) to loa...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 Aug 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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