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Global Trade Alert

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Brazil: BNDES provides BRL 1.4 billion in loans to three companies in the pharmaceutical sector

Description

On 14 August 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and EMS Farmacêutica signed a BRL 500 million (USD 91.6 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

14 Aug 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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