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: 18 Oct 2016 | Removal date: 18 Oct 2019
Still in force

State loan

On 18 October 2016, the Brazilian Company of Innovation and Research (FINEP) announced the approval of BRL 33 million (USD 10 million) loan allocated to the local logistics company Saur Equipamentos S.A. The objective of these resources is to research and develop new products for cargo handling.

The repayment deadline for the credit has been set to 18 October 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

651 Land transport services of freight
652 Water transport services of freight
653 Air & space transport services of freight

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