Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 25 million loan to <i>Desa Eurus I Ltda</i> under the <i>BNDES finem</i> scheme (December 2011)

Announcement

13 Dec 2011

In December 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Desa Eurus I Ltda.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

13 Dec 2011

Revocation date:

No revocation date

State loan In force

On 13 December 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 46 million (approx. USD 25 million) loan to Desa Eurus I Ltda. The loan was issued under...

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Local content incentive In force

The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 46 million (approx. USD 25 million) loan to Desa Eurus I Ltda granted on 13 December 2011 by the National B...

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