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: 16 Jul 2014 | Removal date: 12 Jan 2015
Still in force

Trade finance

In July 2014, the Brazilian Development Bank (BNDES) provided Construtora Andrade Gutierrez SA with post-export credit for a project involving exporting goods and services for the construction of a dam on the Incomati river r to supply water for the city Moamba.

The post-export credit agreement was signed on 16 July 2014. The loan amount is USD 320 million at an annual interest rate of 6.53 percent. The loan matured in January 2015.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

542 General construction services of civil engineering works

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