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Brazil: BNDES provides USD 62 million loan to <i>Vale SA</i> under the <i>BNDES limite de crédito</i> scheme (December 2011)

Description

The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 114 million (approx. USD 62 million) loan to Vale SA granted on 20 December 2011 by the Nationa...

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Intervention Details

Intervention Type

Local content incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

20 Dec 2011

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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