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: 19 Apr 2012 | Removal date: 17 Aug 2012
Still in force

Trade finance

In April 2012, the Brazilian Development Bank (BNDES) provided Construtora Norberto Odebrecht SA with post-export credit for a project involving exporting goods and services for the construction of a hydroelectric powered power plant.

The post-export credit agreement was signed on 19 April 2012. The loan amount is USD 190.95 million at an annual interest rate of 3.15 percent. The loan matured in August 2012.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

542 General construction services of civil engineering works

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