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Brazil: FINEP aproves BRL 61 million loan to local refractory manufacturer

Description

On 15 December 2017, the Brazilian Company of Innovation and Research (FINEP) announced the approval of BRL 61.4 million (USD 18.5 million) loan allocated to the local refractory manufacturer Magnesit...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Dec 2017

Revocation date

15 Dec 2020

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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