Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 63 million loan to <i>Vale SA</i> under the <i>BNDES finem</i> scheme (March 2011)

Announcement

25 Mar 2011

In March 2011, 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

25 Mar 2011

Revocation date:

No revocation date

Updated: 25 Mar 2011
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 103 million (approx. USD 63 million) loan to Vale SA granted on 25 March 2011 by the National Bank for Econ...
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Updated: 25 Mar 2011
State loan In force
On 25 March 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 103 million (approx. USD 63 million) loan to Vale SA. The loan was issued under the BNDES f...
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