Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 29.99 million loan to an undisclosed agricultural undertaking under the <i>PRODECOOP</i> scheme (June 2021)

Announcement

30 Jun 2021

In June 2021, 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

2 in force

Implementation date

30 Jun 2021

Revocation date:

No revocation date

State loan In force

In June 2021, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 150 million (approx. USD 29.99 million) loan to an undisclosed agricultural undertaking. The lo...

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Local content incentive In force

The PRODECOOP credit scheme is subject to local content incentives. As such, so is the BRL 150 million (approx. USD 29.99 million) loan to an undisclosed agricultural undertaking, granted on June 2021...

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