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Global Trade Alert

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Brazil: BNDES supports Embraer with BRL 1.4 billion loan

Description

The Brazilian Development Bank (BNDES) announced that it will support Embraer with BRL 1.4 billion (USD 588 million) to develop Legacy 500, its new mid-size jet, and its second generation commercial j...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

06 Feb 2014

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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Table

Affected Sectors

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Affected Products

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