Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 25.84 million loan to an undisclosed agricultural undertaking under the <i>PRONAF Investimento Faixa 2</i> scheme (October 2023)

Announcement

31 Oct 2023

In October 2023, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan under the Agricultural and Livestock Plan (SAFRA Plan) 2023/2024.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Oct 2023

Revocation date:

No revocation date

Announced: 31 Oct 2023
Local content incentive In force
The PRONAF Investimento Faixa 2 credit scheme is subject to local content incentives. As such, so is the BRL 129.7 million (approx. USD 25.84 million) loan to an undisclosed agricultural undertaking, ...
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Announced: 31 Oct 2023
State loan In force
In October 2023, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 129.7 million (approx. USD 25.84 million) loan to an undisclosed agricultural undertaking. T...
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