Global Trade Alert
Global Trade Alert

Saudi Arabia: SFD signs financing agreements with three Turkish banks to promote Saudi exports

Announcement

05 Sep 2014

In September 2014, the government of Saudi Arabia announced a change in its trade finance instruments.

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Number of interventions

2

0 certainly harmful

2 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Updated: 05 Sep 2014
Local value added incentive

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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Updated: 05 Sep 2014
Trade finance
On 5 September 2014, the Saudi Fund for Development (SFD), signed three financing agreements with Turkish banks. The agreements have a total value of USD 145 million and include the Turkish banks, Ban...
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