Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 48 million loan to <i>Braskem SA</i> under the <i>BNDES limite de crédito</i> scheme (July 2012)

Announcement

10 Jul 2012

In July 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Braskem SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

10 Jul 2012

Revocation date:

No revocation date

Updated: 10 Jul 2012
Local content incentive In force
The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 98 million (approx. USD 48 million) loan to Braskem SA granted on 10 July 2012 by the National ...
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Updated: 10 Jul 2012
State loan In force
On 10 July 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 98 million (approx. USD 48 million) loan to Braskem SA. The loan was issued under the BNDES ...
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