Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 17 million loan to <i>Gerdau Acos Longos SA</i> under the <i>BNDES limite de crédito</i> scheme (June 2009)

Announcement

10 Jun 2009

In June 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Gerdau Acos Longos SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

10 Jun 2009

Revocation date:

No revocation date

Updated: 10 Jun 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 33 million (approx. USD 17 million) loan to Gerdau Acos Longos SA granted on 10 June 2009 by th...
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Updated: 10 Jun 2009
State loan In force
On 10 June 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 33 million (approx. USD 17 million) loan to Gerdau Acos Longos SA. The loan was issued under...
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