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: 19 Jul 2016 | Removal date: 19 Jul 2018
Still in force

State loan

On 19 July 2016, the Brazilian Company of Innovation and Research (FINEP) announced the approval of BRL 33 million (USD 1o million) loan allocated to the local industrial food machinery manufacturer Maquinas Sanmartin Ltda. The objective of these resources is to develop a new generation of palletizing and sorting system.

The repayment deadline for the credit has been set up on 19 July 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

439 Other general-purpose machinery & parts
8422 Dish washing machines; machinery for cleaning or drying bottles or other containers; machinery for filling, closing, sealing or labelling bottles, cans, boxes, bags or other containers; machinery for capsuling bottles, jars, tubes and similar containers;
842219 Other
842220 Machinery for cleaning or drying bottles or other containers
842230 Machinery for filling, closing, sealing, or labelling bottles, cans, boxes, bags or other containers; machinery for capsuling bottles, jars, tubes and similar containers; machinery for aerating beverages
842240 Other packing or wrapping machinery (including heatshrink wrapping machinery)
842290 Parts
449 Other special-purpose machinery & parts
8479 Machines and mechanical appliances having individual functions, not specified or included elsewhere in this Chapter.
847989 Other

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