Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 17.47 million loan to an undisclosed agricultural undertaking under the <i>MODERFROTA</i> scheme (October 2020)

Announcement

31 Oct 2020

In October 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 Oct 2020

Revocation date:

No revocation date

Updated: 31 Oct 2020
Local content incentive In force
The MODERFROTA credit scheme is subject to local content incentives. As such, so is the BRL 100.83 million (approx. USD 17.47 million) loan to an undisclosed agricultural undertaking, granted o...
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Updated: 31 Oct 2020
State loan In force
In October 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 100.83 million (approx. USD 17.47 million) loan to an undisclosed agricultural undertaking. ...
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