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Global Trade Alert

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Brazil: FINEP provides over USD 50.5 million to a local agribusiness

Description

On 11 December 2018, the Brazilian Company of Innovation and Research (FINEP) announced the approval of over BRL 197.8 million (over USD 50.5 million) loan allocated to Stara S.A. Indústria de Impleme...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

11 Dec 2018

Revocation date

11 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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