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
Last action: 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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Last action: 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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