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: 13 Apr 2016 | Removal date: 13 Apr 2018
Still in force

State loan

On 13 April 2016, the Brazilian Company of Innovation and Research (FINEP) announced the approval of BRL 59.5 million (USD 16.7 million) loan allocated to the local manufacturer of personal hygiene products Carta Goiás Indústria e Comércio de Papel S.A. The objective of these resources is to finance a pilot project that will implement the use of Renewable Energies in the production of paper.

The repayment deadline for the credit has been set to 13 April 2018.


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

321 Pulp, paper & paperboard
4818 Toilet paper and similar paper, cellulose wadding or webs of cellulose fibres, of a kind used for household or sanitary purposes, in rolls of a width not exceeding 36 cm, or cut to size or shape; handkerchiefs, cleansing tissues, towels, tablecloths, serv
481820 Handkerchiefs, cleansing or facial tissues and towels
481890 Other

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