Global Trade Alert
Global Trade Alert

Saudi Arabia: SFD signs SAR 143 million financing agreement to promote electrical cable exports to Bahrain

Announcement

30 Sep 2010

On 30 September 2010, the Saudi Fund for Development (SFD) signed a financing agreement for the export of electric cables to Bahrain for power transmission projects. 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

30 Sep 2010

Revocation date:

No revocation date

Updated: 30 Sep 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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Updated: 30 Sep 2010
Trade finance In force
The financing agreement for the electric cable exports to Bahrain is worth USD 40 million. It is granted under the Saudi Export Program. The Saudi Export Program (SEP) is part of the Saudi Fund for D...
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