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: 12 Nov 2013 | Removal date: 12 Mar 2014
Still in force

Trade finance

In November 2013, 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 for raising the dam and lateral spillway to better exploit the hydroelectric energy of Cambambe.

The post-export credit agreement was signed on 12 November 2013. The loan amount is USD 131.7 million at an annual interest rate of 3.45 percent. The loan matured in March 2014.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

542 General construction services of civil engineering works

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