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: 24 Nov 2017 | Removal date: 24 Nov 2019
Still in force

State loan

On 24 November 2017, the Brazilian Company of Innovation and Research (FINEP) provided Tramontina Farroupilha S.A. Indústria Metalúrgica with a BRL 34 million (USD 10.5 million) credit line. The objective of these resources is to finance the company's Try-Ply project.

The repayment deadline for the credit has been set up on 24 November 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

429 Other fabricated metal products
7323 Table, kitchen or other household articles and parts thereof, of iron or steel; iron or steel wool; pot scourers and scouring or polishing pads, gloves and the like, of iron or steel.
732392 Of cast iron, enamelled
732393 Of stainless steel
732394 Of iron (other than cast iron) or steel, enamelled
732399 Other
7326 Other articles of iron or steel.
732690 Other
8215 Spoons, forks, ladles, skimmers, cakeservers, fishknives, butter knives, sugar tongs and similar kitchen or tableware.
821520 Other sets of assorted articles
821599 Other
8302 Base metal mountings, fittings and similar articles suitable for furniture, doors, staircases, windows, blinds, coachwork, saddlery, trunks, chests, caskets or the like; base metal hatracks, hatpegs, brackets and similar fixtures; castors with mountings
830249 Other
448 Domestic appliances & parts
7321 Stoves, ranges, grates, cookers (including those with subsidiary boilers for central heating), barbecues, braziers, gasrings, plate warmers and similar nonelectric domestic appliances, and parts thereof, of iron or steel.
732111 For gas fuel or for both gas and other fuels
732181 For gas fuel or for both gas and other fuels
732190 Parts

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