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Global Trade Alert

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Saudi Arabia: Saudi Exim Bank signs a USD 300 million credit agreement with Glencore to facilitate Saudi exports

Description

On 7 November 2024, the Saudi Exim Bank announced signing a USD 300 million credit line with Glencore, a commodity trading and mining company headquartered in Switzerland. The agreement's stated objec...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

07 Nov 2024

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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