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Brazil - Animal and Plant Health Protection Project (English)

The objective of the Animal and Plant Health Protection Project was to increase Brazil's competitiveness and productivity in its agricultural and livestock sectors. The project was identified by the Government and the Bank in February 1998, and was prepared at the Government's request. It was appraised in June 1998, and negotiations took place in August 1998. A Specific Investment Loan for US$44 million was approved by the Board on May 27, 1999. Following Board Approval in May 1999, loan signing was delayed as a result of the fiscal crisis in Brazil. On April 17, 2001, with the Loan Agreement still unsigned, the Bank formally notified the Ministry of Agriculture and Supply (MAS) that, given 23 months had elapsed since Board approval, the Bank would establish April 30, 2001, as the final date for which Loan signing could take place. In the absence of loan signing by this date, the Bank would cancel the operation, and withdraw the loan. As signing did not take place by this date, on August 1, 2001, the Bank formally notified the Government of Brazil that the loan was canceled.

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Brazil - Animal and Plant Health Protection Project (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/790601468228880278/Brazil-Animal-and-Plant-Health-Protection-Project