ANNOUNCEMENT 31 Aug 2015

On August 31, 2015 The Brazilian government opened a line of credit worth $100 million for exporters of agricultural machinery in Brazil. 

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 1 neutral
  • 0 liberalising

SOURCE

Brazilian Government's Website (Portal Brasil) "Government finances $100 million in equipment for Africa", Pagina web do governo brasileiro "Governo financia US$ 100 mi em equipamentos para a √Āfrica"
http://www.brasil.gov.br/economia-e-emprego/2015/08/governo-financia-us-100-mil-em-equipamentos-para-a-africa

Inception date: No inception date

Trade finance

On August 31, 2015 it was announced that the Brazilian government would open a line of credit financing $100 million to local Brazilian exporters of agricultural machinery that sell to Cuba, Ghana, Mozambique, Kenya, Senegal and Zimbabwe. This action was part of ‘’Mais Alimentos Internacional” (More Foods International) taken by the Brazilian of Agriculture.

AFFECTED SECTORS