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Global Trade Alert

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Brazil: BNDES and Instituto Butantan sign loan to construct a new biotechnology plant

Description

On 22 July 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and Instituto Butantan signed a BRL 386 million (USD 69.6 million) loan. The loan will finance th...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Jul 2024

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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