Global Trade Alert
Global Trade Alert

Saudi Arabia: SFD signs USD 100 million financing agreement with Pakistani government to promote Saudi urea exports in 2009

Announcement

11 Nov 2009

On 11 November 2009, the Saudi Fund for Development (SFD), signed a financing agreement with the Pakistani and will finance the Saudi exports of urea. The financing agreement is part of SFD's Saudi Export Program (SEP) and contains a local sourcing requirement.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Nov 2009

Revocation date:

No revocation date

Last action: 11 Nov 2009
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: 11 Nov 2009
Trade finance In force
The financing agreement between the SFD and the Pakistani urea importer has a volume of USD 100 million. It is granted under the Saudi Export Program. The Saudi Export Program (SEP) is part of the S...
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