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Global Trade Alert

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Saudi Arabia: ARAMCO signs 51 new MOU's under the IKTVA Program

Description

On 22 November 2022, Saudi Aramco as part of its In Kingdom Total Value Add (IKTVA) program signed Corporate Procurement Agreements (CPAs) with 59 local and global firms worth USD 11 billion. The CPA...

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Intervention Details

Intervention Type

Local content incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

22 Nov 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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