Global Trade Alert
Global Trade Alert

Brazil: BNDES provides loan to Veracel Celulose S.A. for its forestry programme

Announcement

13 Sep 2022

In September 2022, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 200 million (USD 40 million) loan in favour of Veracel Celulose SA.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

13 Sep 2022

Revocation date:

No revocation date

State loan In force

On 13 September 2022, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 200 million (approx. USD 38.5 million) loan to support Veracel Celulose S.A. ...

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