IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 29 Mar 2018 | Removal date: open ended
Still in force

Trade finance

On 29 March 2018, the BNDES approved export financing of up to BRL 85 million (circa USD 25.6 million) to assist the local jet manufacturer, Embraer, in the exportation of up to 15 aircraft of the E190-E2 model. The receiving company is the Norwegian regional airline Widerøe.

This export financing seeks to complement previous investments made by the BNDES in relation to the development of the new Embraer family of jets (see related state acts).

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

496 Aircraft & spacecraft; parts
8802 Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles.
880230 Aeroplanes and other aircraft, of an unladen weight exceeding 2,000 kg but not exceeding 15,000 kg

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