Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 29 million loan to <i>Usinas Siderurgicas de Minas Gerais SA Usiminas</i> under the <i>BNDES limite de crédito</i> scheme (January 2009)

Announcement

14 Jan 2009

In January 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Usinas Siderurgicas de Minas Gerais SA Usiminas.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Jan 2009

Revocation date:

No revocation date

Updated: 14 Jan 2009
Local content incentive In force
The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 68 million (approx. USD 29 million) loan to Usinas Siderurgicas de Minas Gerais SA Usiminas gra...
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Updated: 14 Jan 2009
State loan In force
On 14 January 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 68 million (approx. USD 29 million) loan to Usinas Siderurgicas de Minas Gerais SA Usimin...
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