Global Trade Alert
Global Trade Alert

Saudi Arabia: SFD signs SR 100 million financing agreement with Jannat Agricultural Investment Co to promote exports to Egypt

Announcement

05 Jan 2009

On 5 January 2009, the Saudi Fund for Development (SFD), signed a financing agreement with Jannat Agricultural Investment Company for exports to Egypt. 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 Jan 2009

Revocation date:

No revocation date

Updated: 05 Jan 2009
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: 05 Jan 2009
Trade finance In force
The financing agreement between the SFD and Jannat Agricultural Investment Co. has a volume of SR 100 million (USD 26 million). It is granted under the Saudi Export Program. The Saudi Export Program...
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