Announcement
06 Feb 2010
On 6 February 2010, the Saudi Fund for Development (SFD), signed a financing agreement with two Saudi companies, Autumn Group Company and Industries Co. 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
06 Feb 2010
Revocation date:
No revocation date
Last action: 06 Feb 2010
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: 06 Feb 2010
Trade finance
In force
The financing agreement with two Saudi companies, Autumn Group Company and Industries Co, totals USD 20 million. The credit line is funded through SFD's Saudi Export Program (SEP) and will finance the...
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