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: 20 Sep 2011 | Removal date: 11 Feb 2012
Still in force

Trade finance

In September 2011, the Brazilian Development Bank (BNDES) provided Construtora Andrade Gutierrez SA with post-export credit for a project involving the exporting of goods and services for the creation of a shipyard for construction, repair and maintenance of ships in Venezuela.

The post-export credit agreement was signed on 20 September 2011. The loan amount is USD 637.89 million at an annual interest rate of 3.45 percent. The loan matured in February 2012.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

542 General construction services of civil engineering works

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