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: 08 May 2012 | Removal date: 03 Dec 2018
Still in force

Trade finance

Since May 2012, the Brazilian Development Bank (BNDES) has repeatedly provided Construtora Norberto Odebrecht SA with post-export credit for a project involving exporting goods and services for the engineering of the reforming of Cammesa that expands the oil pipelines of San Martin in Argentina.

The post-export credit agreement was signed on 8 May 2012. The loan amount is USD 67.8 million at an annual interest rate of 4.3 percent. The loan was set to mature in December 2018.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

542 General construction services of civil engineering works

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