IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

Yes

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 30 Dec 2010 | Removal date: 23 May 2011
Still in force

Trade finance

In December 2010, the Brazilian Development Bank (BNDES) provided Construtora Andrade Gutierrez SA with post-export credit for a project involving the exporting of goods and services destined to be used for the construction of a steel manufacturing plant in the state of Bolivar in Venezuela.

The post-export credit agreement was signed on 30 December 2010. The loan amount is USD 865.42 million at an annual interest rate of 4.45 percent. The loan matured in May 2011.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

542 General construction services of civil engineering works

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