Announcement
04 Apr 2016
On 4 April 2016, the Saudi Fund for Development (SFD), signed an export credit guarantee with the Arabian Mining Company from Saudi Arabia. The financing agreement is part of SFD's Saudi Export Program (SEP) and contains a local sourcing requirement.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
04 Apr 2016
Revocation date:
No revocation date
Last action: 04 Apr 2016
Local value added incentive
In force
According to the terms of the SFD, the goods and services exported within this transaction must contain a Saudi domestic value of 25% or more.
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Last action: 04 Apr 2016
Trade finance
In force
The export credit guarantee of SFD for AMC's exports has a volume of SAR 187.5 million (approx. USD 50 million) and is funded through SFD's Saudi Export Program (SEP) and will finance the company's ex...
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