IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

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: 17 Nov 2017 | Removal date: 17 Nov 2020
Still in force

State loan

On 17 November 2017, the Brazilian Company of Innovation and Research (FINEP) provided Nufarm Indústria Química e Farmacêutica S.A. with a BRL 43 million (USD 13 million) credit line. The objective of this financing is to invest in research and technological development of new formulations for agriculture.

The repayment deadline for the credit has been set up on 17 November 2020.

 
FINEP lending
The resources enclosed on the programs managed by FINEP are limited to Brazilian companies and seek to boost the national and international competitiveness of these businesses.

The interest rates set on the credit lines are composed of the long-term interest rate (TJLP) plus a supplement ranging between 1.5% and 7%, depending on the credit line and the repayment period.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

346 Fertilizers & pesticides
3808 Insecticides, rodenticides, fungicides, herbicides, antisprouting products and plantgrowth regulators, disinfectants and similar products, put up in forms or packings for retail sale or as preparations or articles (for example, sulphurtreated bands, wi
380891 Insecticides
380892 Fungicides
380893 Herbicides, antisprouting products and plantgrowth regulators
380894 Disinfectants
380899 Other

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