IMPLEMENTATION LEVEL

National

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: 16 Sep 2009 | Removal date: open ended

FDI: Entry and ownership rule

On 16 September 2009,the government of Brazil raised the cap on foreign ownership for the state-owned Banco do Brasil. Due to the Presidential Decree released that day, foreign investors may now hold up to 20 percent of the bank. The previous limit had been 12.5 percent.
 

AFFECTED COUNTRIES

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