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: 27 Dec 2011 | Removal date: 16 May 2014
Still in force

Trade finance

Since December 2011, the Brazilian Development Bank (BNDES) has repeatedly provided Construcoes e Comercio Camargo Correa SA with post-export credit for a project involving the exporting of goods and services destined to the implementation of water storage plants in the cities of Avellaneda and Berazategui in Argentina.

The post-export credit agreement was signed on 12 December 2011. The loan amount is USD 45.7 million at an annual interest rate of 4.12 percent. The loan matured in May 2014.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

542 General construction services of civil engineering works

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