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Global Trade Alert

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Brazil: Governmental agency allocates BRL 37 million to local biofuels producer

Description

On 7 August 2015, the Brazilian Company of Innovation and Research (FINEP) announced the approval of circa BRL 37.3 million (USD 10.5 million) loan allocated to the local bioethanol producer Biovertis...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 Aug 2015

Revocation date

07 Aug 2018

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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