Global Trade Alert
Global Trade Alert

Saudi Arabia: SFD signs USD 100 million financing agreement with Pakistani government to promote Saudi urea exports in 2011

Announcement

05 Feb 2011

On 5 February 2011, the Saudi Fund for Development (SFD), signed a financing agreement with the Pakistani government in order to finance the exports of urea. 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

05 Feb 2011

Revocation date:

No revocation date

Last action: 05 Feb 2011
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: 05 Feb 2011
Trade finance In force
The financing agreement for urea exports to Pakistan is worth USD 100 million. A similar agreement was signed in 2009 (cf. Related Measures). It is granted under the Saudi Export Program. The Saudi E...
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