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 Jun 2018 | Removal date: open ended
Still in force

State loan

On 4 June 2018, the BNDES announced the allocation of BRL 50 million (USD 13.3 million at the time of the announcement) to finance the business expansion of Boa Safra Sementes. The objective of the resources is to help the consolidation of the company and the development of national production of soybean and bean seeds.

This loan was provided under the BNDES Giro program that offers credit loans with beneficial annual interests rates composed of the Financial Cost, the BNDES Fee (ranging between 1.5% and 2.33%) and the Financial Agent Fee. All credit lines have a repayment period of up to five years. 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

017 Pulses (dried leguminous vegetables)
0713 Dried leguminous vegetables, shelled, whether or not skinned or split.
071333 Kidney beans, including white pea beans (Phaseolus vulgaris)

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