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Global Trade Alert

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Brazil: FINEP provides USD 71.6 million to local company

Description

On 26 September 2014, the Brazilian Company of Innovation and Research (FINEP) announced the approval of a loan of BRL 174 million (USD 71.6 million at the time of the measure) allocated to Sotreq S.A...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Sep 2014

Revocation date

26 Sep 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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