Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 15.28 million loan to an undisclosed agricultural undertaking under the <i>MODERFROTA</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

Implementation date

30 Jun 2021

Revocation date:

No revocation date

Updated: 30 Jun 2021
Local content incentive In force
The MODERFROTA credit scheme is subject to local content incentives. As such, so is the BRL 76.41 million (approx. USD 15.28 million) loan to an undisclosed agricultural undertaking, granted on...
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Updated: 30 Jun 2021
State loan In force
In June 2021, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 76.41 million (approx. USD 15.28 million) loan to an undisclosed agricultural undertaking. The ...
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