Announcement
18 Dec 2012
In December 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Vale SA.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
18 Dec 2012
Revocation date:
No revocation date
Updated: 18 Dec 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 819 million (approx. USD 400 million) loan to Vale SA granted on 18 December 2012 by the Nation...
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Updated: 18 Dec 2012
State loan
In force
On 18 December 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 819 million (approx. USD 400 million) loan to Vale SA. The loan was issued under the BND...
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