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Global Trade Alert

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Brazil: FINEP allocates USD 27.2 million to e-commerce business

Description

On 9 December 2014, the Brazilian Company of Innovation and Research (FINEP) announced the approval of a loan of BRL 70.6 million (USD 27.2 million) allocated to B2W - Companhia Digital, a local compa...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

09 Dec 2014

Revocation date

09 Jun 2016

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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