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Global Trade Alert

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Brazil: Governmental agency allocates circa USD 23 million to automotive company

Description

On 17 October 2013, the Brazilian Company of Innovation and Research (FINEP) announced the approval of a loan of almost BRL 49.7 million (circa USD 23 million) allocated to Peugeot Citroën do Brasil A...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Oct 2013

Revocation date

17 Oct 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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