Global Trade Alert
Global Trade Alert

Brazil: Government allocates USD 19 million to local footwear manufacturer

Announcement

03 Sep 2014

The Brazilian government-funded Company of Innovation and Research (FINEP) approved a loan of circa BRL 43.4 million to Arezzo Indústria e Comércio S.A.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 Sep 2014

Revocation date:

03 Sep 2016

Last action: 03 Sep 2014
State loan
On 3 September 2014, the Brazilian Company of Innovation and Research (FINEP) announced the approval of a loan of circa BRL 43.4 million (USD 19 million at the time of the measure) allocated to Arezzo...
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