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Brazil's Bank to Finance Mercosur's Auto Sector |
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Written by Brazzil Magazine
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Friday, 10 September 2004 |
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Brazil's Minister of Development, Industry and Foreign Trade, Luiz Fernando Furlan, says that the Brazilian government is studying the possibility of the Development Bank (Banco Nacional de Desenvolvimento Econômico e Social) (BNDES) financing the automobile sector not only in Brazil but in all of the Mercosur economic block.
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