Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 12.99 million loan to an undisclosed agricultural undertaking under the <i>INOVAGRO</i> scheme (July 2020)

Announcement

31 Jul 2020

In July 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan under the Agricultural and Livestock Plan (SAFRA Plan) 2020/2021.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Jul 2020

Revocation date:

No revocation date

Updated: 31 Jul 2020
Local content incentive In force
The INOVAGRO credit scheme is subject to local content incentives. As such, so is the BRL 67.59 million (approx. USD 12.99 million) loan to an undisclosed agricultural undertaking, granted on J...
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Updated: 31 Jul 2020
State loan In force
In July 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 67.59 million (approx. USD 12.99 million) loan to an undisclosed agricultural undertaking. The ...
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