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

Description

The BNDES More Innovation credit line is subject to local content incentives. As such, so is the BRL 389.7 million (USD 71.4 million) loan to Aché Laboratórios Farmacêuticos, granted on 14 August 2024...

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Intervention Details

Intervention Type

Local content incentive

MAST Chapter

I: Trade-related investment measures

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 Products

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