Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 17 million loan to <i>Braskem SA</i> under the <i>BNDES limite de crédito</i> scheme (December 2011)

Announcement

16 Dec 2011

In December 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Braskem SA.

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

16 Dec 2011

Revocation date:

No revocation date

State loan In force

On 16 December 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 32 million (approx. USD 17 million) loan to Braskem SA. The loan was issued under the BN...

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Local content incentive In force

The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 32 million (approx. USD 17 million) loan to Braskem SA granted on 16 December 2011 by the Natio...

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