Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 77 million loan to <i>Braskem SA</i> under the <i>BNDES limite de crédito</i> scheme (September 2013)

Announcement

30 Sep 2013

In September 2013, 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

30 Sep 2013

Revocation date:

No revocation date

State loan In force

On 30 September 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 174 million (approx. USD 77 million) loan to Braskem SA. The loan was issued under the ...

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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 174 million (approx. USD 77 million) loan to Braskem SA granted on 30 September 2013 by the Nat...

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