Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 24 million loan to <i>Gerdau Acos Longos SA</i> under the <i>BNDES limite de crédito</i> scheme (March 2011)

Announcement

30 Mar 2011

In March 2011, 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

30 Mar 2011

Revocation date:

No revocation date

Updated: 30 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 39 million (approx. USD 24 million) loan to Gerdau Acos Longos SA granted on 30 March 2011 by t...
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Updated: 30 Mar 2011
State loan In force
On 30 March 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 39 million (approx. USD 24 million) loan to Gerdau Acos Longos SA. The loan was issued unde...
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