Global Trade Alert
Global Trade Alert

Brazil: Governmental agency allocates BRL 37 million to local biofuels producer

Announcement

07 Aug 2015

The Brazilian government-funded Company of Innovation and Research (FINEP by its Portuguese acronym) approved a BRL 3 m7.3illion loan to Biovertis Produção Agrícola Ltda.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

07 Aug 2015

Revocation date:

07 Aug 2018

Updated: 07 Aug 2015
State loan

On 7 August 2015, the Brazilian Company of Innovation and Research (FINEP) announced the approval of circa BRL 37.3 million (USD 10.5 million) loan allocated to the local bioeth...

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