Global Trade Alert
Global Trade Alert

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Brazil: FINEP provides USD 19 million to local IT holding

Description

On 9 March 2015, the Brazilian Company of Innovation and Research (FINEP) announced the approval of a loan of circa BRL 57.9 million (circa USD 18.7 million at the time of the measure) allocated to Un...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

09 Mar 2015

Revocation date

09 Mar 2017

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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