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: 25 Aug 2017 | Removal date: 25 Feb 2019
Still in force

State loan

On 25 August 2017, the Brazilian Company of Innovation and Research (FINEP) announced the approval of BRL 37.6 million (circa USD 12 million) loan allocated to the local chemical company Química Amparo Ltda. The objective of these resources is to finance the company's development of a new production process for soap powder.

The repayment deadline for the credit has been set up on 25 February 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

353 Soap, cleaning preparations, perfumes & toilet preparations
3401 Soap; organic surfaceactive products and preparations for use as soap, in the form of bars, cakes, moulded pieces or shapes, whether or not containing soap; organic surfaceactive products and preparations for washing the skin, in the form of liquid or c
340120 Soap in other forms

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