Global Trade Alert
Global Trade Alert

Brazil: Additional BRL 2 billion to BNDES credit line for supporting agricultural exports

Announcement

09 May 2023

In May 2023, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and the Ministry of Agriculture and Livestock of Brazil (MAPA in Portuguese) announced an additional budget for the USD credit line to support agricultural exports.

 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

09 May 2023

Revocation date:

01 Feb 2024

Updated: 09 May 2023
Local content incentive

The BNDES Crédito Agrícola em Dólar credit scheme is subject to local content incentives. As such, so are the additional BRL 2 billion (USD 401 million) injected on 9 May 2023. 

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Updated: 09 May 2023
Other export incentive

On 9 May 2023, the National Bank for Economic and Social Development (BNDES in Portuguese) and the Ministry of Agriculture and Livestock of Brazil (MAPA in Portuguese) announced an additional budge...

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