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Global Trade Alert

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Brazil: BNDES announces measures to channel credits to agricultural cooperatives and exporters

Description

On 2 February 2024, the National Bank for Economic and Social Development (BNDES in Portuguese) announced an injection of BRL 2 billion (USD 402.3 million) into the BNDES Procapcred credit line. Under...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Feb 2024

Revocation date

31 Dec 2025

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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