IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 29 Apr 2019 | Removal date: 30 Jun 2019

State loan

On 29 April 2019, the BNDES has announced the allocation of an additional BRL 536 million (circa USD 136.2 million at the time of the announcement) to the Moderfrota credit line for the 2018/2019 budget. This amount sums up with the BRL 8,900 million (USD 2,260 million) allocated on 6 June 2018, increasing the total resources allocated to this credit line to BRL 9,436 million (circa USD 2,397 million).

The new resources will be available until the end of the application of 2018/2019 Agricultural and Livestock Plan

The Moderfrota credit lines are intended to financing the acquisition of tractors, harvesters, cutting platforms, sprayers, planters, seeders and equipment, both to rural producers and to cooperatives. 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

441 Agricultural or forestry machinery & parts
8432 Agricultural, horticultural or forestry machinery for soil preparation or cultivation; lawn or sportsground rollers.
843230 Seeders, planters and transplanters
843280 Other machinery
8433 Harvesting or threshing machinery, including straw or fodder balers; grass or hay mowers; machines for cleaning, sorting or grading eggs, fruit or other agricultural produce, other than machinery of heading 84.37.
843311 Powered, with the cutting device rotating in a horizontal plane
843320 Other mowers, including cutter bars for tractor mounting
843330 Other haymaking machinery
843340 Straw or fodder balers, including pickup balers
843359 Other
843360 Machines for cleaning, sorting or grading eggs, fruit or other agricultural produce
843390 Parts
8701 Tractors (other than tractors of heading 87.09).
870110 Pedestrian controlled tractors
870130 Tracklaying tractors
870190 Other
491 Motor vehicles, trailers & semi-trailers; parts
8701 Tractors (other than tractors of heading 87.09).
870120 Road tractors for semitrailers

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