Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 40 million loan to <i>Usinas Siderurgicas de Minas Gerais SA Usiminas</i> under the <i>BNDES limite de crédito</i> scheme (December 2011)

Announcement

06 Dec 2011

In December 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

06 Dec 2011

Revocation date:

No revocation date

Updated: 06 Dec 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 74 million (approx. USD 40 million) loan to Usinas Siderurgicas de Minas Gerais SA Usiminas gra...
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Updated: 06 Dec 2011
State loan In force
On 6 December 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 74 million (approx. USD 40 million) loan to Usinas Siderurgicas de Minas Gerais SA Usimin...
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