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: 07 Dec 2017 | Removal date: 07 Dec 2019
Still in force

State loan

On 7 December 2017, the Brazilian Company of Innovation and Research (FINEP) provided Ourofino Saúde Animal Ltda with a BRL 70 million (circa USD 21 million) credit line. The objective of these resources is to finance its biannual R&D program

The repayment deadline for the credit has been set up on 7 December 2019.

 
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

352 Pharmaceutical products

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