Global Trade Alert
Global Trade Alert

Saudi Arabia: SFD signs financing agreement with Turkish bank Al Baraka to promote Saudi exports

Announcement

16 Sep 2009

In September 2009, the government of Saudi Arabia announced a change in its trade finance instruments.

Source

Sign in to access

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: 16 Sep 2009
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.

Sign in to see more
Updated: 16 Sep 2009
Trade finance
On 16 September 2009, the Saudi Fund for Development (SFD), signed a financing agreement totalling USD 20 million with Turkish bank Al Baraka. The credit line is funded through SFD's Saudi Export Prog...
Sign in to see more

Threads

See all

This state act is not part of any Thread yet.