Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 12 million loan to <i>Usina Caete SA</i> under the <i>BNDES finem</i> scheme (December 2022)

Announcement

16 Dec 2022

In December 2022, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Usina Caete 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

16 Dec 2022

Revocation date:

No revocation date

State loan In force

On 16 December 2022, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 65 million (approx. USD 12 million) loan to Usina Caete SA. The loan was issued under th...

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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 65 million (approx. USD 12 million) loan to Usina Caete SA granted on 16 December 2022 by the National Bank...

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