Global Trade Alert
Global Trade Alert

Saudi Arabia: SFD signs financing agreement with African ExImBank to promote Saudi exports to Africa

Announcement

15 May 2010

On 15 May 2010, the Saudi Fund for Development (SFD), signed a financing agreement with the African Export Import Bank. 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

0 certainly harmful

2 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Last action: 15 May 2010
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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Last action: 15 May 2010
Trade finance
The financing agreement with the African Export Import Bank totals SAR 150 million (USD 40 million) . The credit line is funded through SFD's Saudi Export Program (SEP) and will finance Saudi Arabian ...
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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

70533

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194

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