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Global Trade Alert

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Italy: SACE announces multi-billion support for Italian exports to Saudi Arabia

Description

On 26 January 2025, the Italian Eximbank SACE announced a EUR 3 billion (USD 3.14 billion) guarantee to facilitate exports from Italian SMEs and supply chains to NEOM in Saudi Arabia. Eligible project...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

26 Jan 2025

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Sectors

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Affected Products

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