Global Trade Alert
Global Trade Alert

Brazil: BNDES introduces Prodesign credit line with USD 230 million

Announcement

23 Oct 2013

In October 2013, the government of Brazil announced a changed incentive to localise business operations.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 Oct 2013

Revocation date:

23 Jun 2015

Updated: 23 Oct 2013
Local content incentive

On 23 October 2013, the Brazilian Development Bank BNDES announced a new credit line for the creative sector, called BNDES Prodesign. The fund is worth 500 million real (USD 230 million).

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