IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

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: 04 Jul 2016 | Removal date: 04 Jul 2019
Still in force

State loan

On 4 July 2016, the Brazilian Company of Innovation and Research (FINEP) announced the approval of BRL 91.6 million (USD 28 million) loan allocated to the local chemical manufacturer Oxiteno S.A. Industria e Comercio. The objective of these resources is to finance 2015-2017 innovation plan.

The repayment deadline for the credit has been set up on 4 July 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

161 Chemical & fertilizer minerals
341 Basic organic chemicals
342 Basic inorganic chemicals n.e.c.
345 Miscellaneous basic chemical products
354 Chemical products n.e.c.

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