Senate approves fund to finance exports and expand credit to companies.

The Economic Affairs Committee (CAE) of the Federal Senate approved, on Tuesday (05), the report by Senator Esperidião Amin (PP-SC) on Bill 5,961/2025, which authorizes the creation of the Export Credit Fund (FCE). The proposal, authored by Senator Fernando Farias (MDB-AL), aims to expand access to credit for Brazilian exporting companies, strengthen the country's international competitiveness and support pre- and post-shipment operations, as well as the productive modernization of companies. Amin and Farias are part of the Parliamentary Agricultural Front (FPA).

Approved in a final vote, the text provides for the creation of a financial fund intended to secure resources for exporters of goods and services. The mechanism may finance working capital, the acquisition of machinery and equipment, and investment projects. The National Bank for Economic and Social Development (BNDES) will be the financial agent of the fund, with the possibility of enabling other financial agents and fintechs to operate the credit lines.

The rapporteur for the proposal, Esperidião Amin, stated that the project represents a strategic advancement for the country's foreign trade policy in light of the current scenario of international economic instability.

“We are creating a permanent instrument to support Brazilian exports, with greater predictability and financing capacity for companies that generate jobs, income, and competitiveness for the country. Brazil needs to strengthen its international presence and offer adequate conditions so that our companies can compete on equal terms in the global market,” the senator declared.

The report also incorporates risk-sharing mechanisms between the Foreign Trade Operations Guarantee Fund (FGCE) and the Export Guarantee Fund (FGE). According to the rapporteur, the model reduces direct dependence on the public budget and expands the capacity to offer credit.

"The proposal creates a modern guarantee structure, inspired by successful international experiences, allowing for increased export credit without increasing the National Treasury's fiscal exposure," Amin added.

The author of the bill, Fernando Farias, highlighted that the measure seeks to offer a structural response to the challenges faced by the Brazilian export sector in recent years. “Brazilian foreign trade needs permanent and efficient instruments to guarantee the competitiveness of our companies. The fund will allow for greater access to credit, protect production chains, and strengthen Brazil's presence in the international market,” stated the senator.

The text approved by the CAE also authorizes BNDES to establish subsidiaries and controlled companies in Brazil, a measure defended in the opinion as a way to increase the operational and financial efficiency of the development bank. According to the report, similar models are already used by public development banks in countries such as Germany, France, China, Japan, and South Korea.

With the approval in a final decision by the CAE (Committee on Economic Affairs), the proposal moves on to the Chamber of Deputies for analysis, unless there is an appeal for a vote in the Senate Plenary.