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: 18 Dec 2014 | Removal date: open ended
Still in force

State loan

Brazilian Development Bank (BNDES) announced to finance the sugarcane ethanol producer Cerradinho Bioenergia S.A. with 138.8 million real (USD 46.22 million). The sum will be invested in research and development as well as capital goods of national production (including sugarcane cleaning and peeling machines as well as engines for electricity). The measure is considered to be discriminatory since 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

241 Ethyl alcohol; spirits, liqueurs & spirits
2207 Undenatured ethyl alcohol of an alcoholic strength by volume of 80 % vol. or higher; ethyl alcohol and other spirits, denatured, of any strength.
220710 Undenatured ethyl alcohol of an alcoholic strength by volume of 80 % vol. or higher
341 Basic organic chemicals
2207 Undenatured ethyl alcohol of an alcoholic strength by volume of 80 % vol. or higher; ethyl alcohol and other spirits, denatured, of any strength.
220720 Ethyl alcohol and other spirits, denatured, of any strength

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