Brazil: BNDES provides USD 148 million loan to <i>Usinas Siderurgicas de Minas Gerais SA Usiminas</i> under the <i>BNDES finem</i> scheme (November 2008)

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Description

On 4 November 2008, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 345 million (approx. USD 148 million) loan to Usinas Siderurgicas de Minas Gerais SA Usim...

Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

04 Nov 2008

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Eligible firms

firm-specific

Affected Trading Partners

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