Global Trade Alert
Global Trade Alert

Brazil: BNDES provides a loan to Embraer SA for its innovation investment plan

Announcement

07 Feb 2024

In February 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 500 million (USD 100.7 million) loan with Embraer 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

07 Feb 2024

Revocation date:

No revocation date

State loan In force

On 7 February 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 500 million (USD 100.7 million) loan with Embraer SA. The loan will finance the...

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Local content incentive In force

The BNDES More Innovation credit line is subject to local value-content incentives. As such, so is the BRL 500 million (USD 100.7 million) loan to Embraer SA, granted on 7 February 2024 by the Nationa...

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