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Global Trade Alert

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Brazil: BNDES and Volkswagen do Brasil sign loan to finance the company's digital transformation

Description

On 27 September 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and Volkswagen do Brasil signed a BRL 304 million (USD 56 million) loan. The loan will finan...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Sep 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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