Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 32 million loan to <i>Rumo SA</i> under the <i>BNDES finem</i> scheme (December 2013)

Announcement

30 Dec 2013

In December 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Rumo SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Dec 2013

Revocation date:

No revocation date

Updated: 30 Dec 2013
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 76 million (approx. USD 32 million) loan to Rumo SA granted on 30 December 2013 by the National Bank for Ec...
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Updated: 30 Dec 2013
State loan In force
On 30 December 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 76 million (approx. USD 32 million) loan to Rumo SA. The loan was issued under the BNDES...
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