ANNOUNCEMENT 31 Jul 2013

In July 2013, 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: 31 Jul 2013 | Removal date: 22 Dec 2013

Trade finance

In July 2013, the Brazilian Development Bank (BNDES) provided Construtora Queiroz Galvao SA with post-export credit for a project involving exporting goods and services for the irrigation project in the province of Azua.

The post-export credit agreement was signed on 31 July 2013. The loan amount is USD 71.89 million at an annual interest rate of 3.85 percent. The loan matured in December 2013.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A