Exports gain momentum with record credit

The National Bank for Economic and Social Development (BNDES) approved R$ 1.6 billion in credit for Brazilian companies affected by the tariff increase imposed by the United States. The process of analyzing and approving the projects in the Sovereign Brazil Plan occurred in a record time of 18 days, well below the historical average of 60 days, accelerating companies' access to the necessary resources to diversify their markets. Forty-seven operations were approved under the Diversification Line, aimed at expanding businesses to new destinations. Among the sectors benefiting are coffee exports (R$ 108.9 million), sugar (R$ 220 million), electrical equipment (R$ 191.1 million), other foods (R$ 249.7 million), and utensils (R$ 79.5 million), showing the diversity of Brazilian products with potential for international competitiveness. The destinations of the operations include Switzerland, the United Kingdom, Canada, France, Argentina, Bolivia, Ecuador, Chile, Paraguay, the Dominican ...