ANNOUNCEMENT 24 Jun 2009

In June 2009, the Brazilian Development Bank (BNDES) provided export financing to a Brazilian exporter.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

The Brazilian National Development Bank All post-export finance operations since 2002, O banco nacional do desenvolvimento todas as operaƧoes por-embarque desde 2002, http://www.bndes.gov.br/SiteBNDES/export/sites/default/bndes_pt/Galerias/Arquivos/consultas/operacoes_exp_serv_eng_2002_diante.xls

Inception date: 24 Jun 2009 | Removal date: 15 Nov 2009
Still in force

Trade finance

In June 2009, the Brazilian Development Bank (BNDES) provided Construtora Norberto Odebrecht SA with post-export credit for a project involving the construction of two viaducts and passage below it for Viario Duarte in Santo Domingo in the Dominican Republic.

The post-export credit agreement was signed on 24 June 2009. The loan amount is USD 48.74 million at an annual interest rate of 5.16 percent. The loan matured in November 2009.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A