Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 14 million loan to <i>Veracel Celulose SA</i> under the <i>BNDES finem</i> scheme (January 2015)

Announcement

15 Jan 2015

In January 2015, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Veracel Celulose SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

15 Jan 2015

Revocation date:

No revocation date

State loan In force

On 15 January 2015, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 35 million (approx. USD 14 million) loan to Veracel Celulose SA. The loan was issued unde...

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Local content incentive In force

The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 35 million (approx. USD 14 million) loan to Veracel Celulose SA granted on 15 January 2015 by the National ...

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