Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 121 million loan to <i>Vale SA</i> under the <i>BNDES finem</i> scheme (November 2010)

Announcement

23 Nov 2010

In November 2010, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Vale SA.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 Nov 2010

Revocation date:

No revocation date

Updated: 23 Nov 2010
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 208 million (approx. USD 121 million) loan to Vale SA granted on 23 November 2010 by the National Bank for ...
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Updated: 23 Nov 2010
State loan In force
On 23 November 2010, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 208 million (approx. USD 121 million) loan to Vale SA. The loan was issued under the BND...
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