Global Trade Alert
Global Trade Alert

Brazil: FINEP provides loan to Volkswagen do Brasil for financing its Strategic Innovation and Sustainability Plan

Announcement

09 Aug 2023

In August 2023, the Brazilian Company of Innovation and Research (FINEP in Portuguese) provided a loan to Volkswagen do Brasil.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

09 Aug 2023

Revocation date:

No revocation date

Updated: 09 Aug 2023
State loan In force
On 9 August 2023, the Brazilian Company of Innovation and Research (FINEP in Portuguese) provided a BRL 259 million (USD 52.8 million) state loan to Volkswagen do Brasil for implementing its Strategic...
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