Global Trade Alert
Global Trade Alert

Brazil: BNDES announces measures to channel credits to agricultural cooperatives and exporters

Announcement

02 Feb 2024

In February 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and the Ministry of Agriculture and Livestock of Brazil (MAPA in Portuguese) announced measures to channel credits to agricultural cooperatives and exporters.

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 Feb 2024

Revocation date:

No revocation date

Updated: 02 Feb 2024
Local content incentive In force

The BNDES Crédito Agrícola em Dólar credit scheme is subject to local content incentives. As such, so are the additional BRL 4 billion (804.7 million) injected into the credit line on 2 Fe...

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Updated: 02 Feb 2024
Other export incentive In force

On 2 February 2024, the National Bank for Economic and Social Development (BNDES in Portuguese) and the Ministry of Agriculture and Livestock of Brazil (MAPA in Portuguese) announced an additional ...

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Implementation date

02 Feb 2024

Revocation date:

31 Dec 2025

Updated: 02 Feb 2024
State loan In force

On 2 February 2024, the National Bank for Economic and Social Development (BNDES in Portuguese) announced an injection of BRL 2 billion (USD 402.3 million) into the BNDES Procapcred credit line. Un...

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