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: 29 Jun 2011 | Removal date: 27 Oct 2011
Still in force

Trade finance

In June 2011, the Brazilian Development Bank (BNDES) provided Construtora Norberto Odebrecht SA with post-export credit for a project involving exporting goods and services for the reconstruction and expansion of the aqueduct in Hermanas Mirabal.

The post-export credit agreement was signed on 29 June 2011. The loan amount is USD 50 million at an annual interest rate of 4.02 percent. The loan matured in October 2011.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

542 General construction services of civil engineering works

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