Global Trade Alert
Global Trade Alert

Brazil: FINEP allocates circa BRL 80 million to local online retailer

Announcement

03 Jul 2017

The Brazilian government-funded Company of Innovation and Research (FINEP) approved a BRL 79.8 million loan to NS2.com Internet S.A.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 Jul 2017

Revocation date:

03 Jan 2019

Updated: 03 Jul 2017
State loan

On 3 July 2017, the Brazilian Company of Innovation and Research (FINEP) announced the approval of circa BRL 79.7 million (USD 24 million) loan allocated to the local online retailer of sporti...

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