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Global Trade Alert

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Brazil: BNDES and FS sign loan to expand ethanol production capacity

Description

On 13 September 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and FS signed a BRL 500 million (USD 90 million) loan. The loan will finance the expansion o...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

13 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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