IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 08 Oct 2015 | Removal date: open ended
Still in force

State loan

The Brazilian Development Bank announced a loan of 37.1 million real (USD 10 million) to A FPT Powertrain Technologies do Brasil – Indústria e Comércio de Motores Ltda, a subsidiary of FCA Fiat Chrysler Automóveis Brasil Ltda. The loan will finance the modernization of an engine factory situated in Campo Largo, state of Paraná. The goal is to improve the quality of the engines and to modernize the equipment used in the production of the engines. The measure is considered discriminatory since, in general, the Brazilian Development Bank provides credits with below-market interest rates only to legal persons (private or public) based in Brazil.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

431 Engines & turbines & parts
8412 Other engines and motors.
841210 Reaction engines other than turbojets
432 Pumps, compressors, hydraulic & pneumatic power engines; parts
8412 Other engines and motors.
841221 Linear acting (cylinders)
841229 Other
841231 Linear acting (cylinders)
841239 Other
841280 Other
841290 Parts

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