Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 39 million loan to <i>Braskem SA</i> under the <i>BNDES limite de crédito</i> scheme (August 2012)

Announcement

20 Aug 2012

In August 2012, 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

20 Aug 2012

Revocation date:

No revocation date

State loan In force

On 20 August 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 80 million (approx. USD 39 million) loan to Braskem SA. The loan was issued under the BNDE...

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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 80 million (approx. USD 39 million) loan to Braskem SA granted on 20 August 2012 by the Nationa...

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