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: 24 Mar 2015 | Removal date: 24 Mar 2019
Still in force

State loan

On 24 March 2015, the Brazilian Company of Innovation and Research (FINEP) announced the approval of BRL 49.5 million (circa USD 15.7 million at the time of the measure) loan allocated to the local faucets manufacturer Docol Metais Sanitários Ltda. The objective of these resources is to finance the 2014 innovation plan of the company.

The repayment deadline for the credit has been set to 24 March 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

429 Other fabricated metal products
7324 Sanitary ware and parts thereof, of iron or steel.
732490 Other, including parts
432 Pumps, compressors, hydraulic & pneumatic power engines; parts
8481 Taps, cocks, valves and similar appliances for pipes, boiler shells, tanks, vats or the like, including pressurereducing valves and thermostatically controlled valves.
848180 Other appliances

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