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Global Trade Alert

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Mexico: NAFIN provides loan to a subsidiary of Petróleos Mexicanos

Description

In 2022, the Mexican development bank, Nacional Financiera (NAFIN), approved a USD 650 million loan for a subsidiary of Petróleos Mexicanos (PEMEX). According to the announcement, the loan was "to off...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Dec 2022

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 Sectors

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Affected Products

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