Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 17 million loan to <i>Usinas Siderurgicas de Minas Gerais SA Usiminas</i> under the <i>BNDES limite de crédito</i> scheme (March 2011)

Announcement

29 Mar 2011

In March 2011, 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

29 Mar 2011

Revocation date:

No revocation date

Updated: 29 Mar 2011
Local content incentive In force
The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 28 million (approx. USD 17 million) loan to Usinas Siderurgicas de Minas Gerais SA Usiminas gra...
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Updated: 29 Mar 2011
State loan In force
On 29 March 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 28 million (approx. USD 17 million) loan to Usinas Siderurgicas de Minas Gerais SA Usiminas...
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