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Global Trade Alert

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Brazil: FINEP allocates over USD 59 million to local company

Description

On 3 December 2018, the Brazilian Company of Innovation and Research (FINEP) announced the approval of BRL 228.5 million (over USD 59.15 million) loan allocated to Mahle Metal Leve S.A., a local compa...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

03 Dec 2018

Revocation date

03 Dec 2021

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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