Global Trade Alert
Global Trade Alert

Brazil: BNDES provides loan to Cooperativa Agroindustrial Copagril for the acquisition of fertiliser, machinery and equipment

Announcement

08 Nov 2022

In November 2022, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a loan of BRL 120 million (USD 23.3 million) to support Cooperativa Agroindustrial Copagril.

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

08 Nov 2022

Revocation date:

No revocation date

State loan In force

On 8 November 2022, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 120 million (approx. USD 23.3 million) loan to support Cooperativa Agroindustri...

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Local content incentive In force

The BNDES FINAME Direto credit scheme is subject to local content incentives. As such, so is the BRL 120 million (approx. USD 23.3 million) loan to Cooperativa Agroindustrial Copagril, granted on 8 No...

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