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: 05 Oct 2011 | Removal date: 26 Feb 2012
Still in force

Trade finance

In October 2011, the Brazilian Development Bank (BNDES) provided Construtora OAS SA with post-export credit for a project involving the exporting of goods and services for the engineering and construction of a second aqueduct for Chaco in Argentina.

The post-export credit agreement was signed on 5 October 2011. The loan amount is USD 165.02 million at an annual interest rate of 3.83 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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