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 Nov 2010 | Removal date: 14 Feb 2014
Still in force

Trade finance

Since November 2010, the Brazilian Development Bank (BNDES) has repeatedly provided Construtora Norberto Odebrecht SA with post-export credit for a project involving the exporting of goods and services destined for the engineering of the expansion of the new oil pipeline in San Martin.

The post-export credit agreement was signed on 29 November 2010. The loan amount is USD 226.1 million at an annual interest rate of 3.93percent. The loan matured in February 2014.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

542 General construction services of civil engineering works

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