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Global Trade Alert

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Brazil: FINEP allocates circa BRL 80 million to local online retailer

Description

On 3 July 2017, the Brazilian Company of Innovation and Research (FINEP) announced the approval of circa BRL 79.7 million (USD 24 million) loan allocated to the local online retailer of sporting and l...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

03 Jul 2017

Revocation date

03 Jan 2019

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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