Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 11 million loan to <i>Araguaia SA</i> under the <i>BNDES finem</i> scheme (November 2022)

Announcement

21 Nov 2022

In November 2022, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Araguaia SA.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Nov 2022

Revocation date:

No revocation date

Updated: 21 Nov 2022
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 61 million (approx. USD 11 million) loan to Araguaia SA granted on 21 November 2022 by the National Bank fo...
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Updated: 21 Nov 2022
State loan In force
On 21 November 2022, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 61 million (approx. USD 11 million) loan to Araguaia SA. The loan was issued under the B...
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