Global Trade Alert
Global Trade Alert

Brazil: New subsidised lines of credit for sustainable development goods under INOVA worth USD 850 million

Announcement

05 Dec 2013

On December 5, 2013, the Brazilian National Development Bank (BNDES) and the Funding Authority for Studies and Projects (FINEP) announced a new set of subsidies and lines of financing worth USD 850 million to be given to companies who perform R&D operations on efficient and sustainable products.

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