Global Trade Alert
Global Trade Alert

Saudi Arabia: SFD signs USD 30 million financing agreement with Arab Turkish Bank to promote Saudi exports

Announcement

11 Dec 2015

In December 2015, the government of Saudi Arabia announced a change in financial export support.

Source

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

11 Dec 2015

Revocation date:

No revocation date

Last action: 11 Dec 2015
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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Implementation date

11 Dec 2015

Revocation date:

No revocation date

Last action: 11 Dec 2015
Trade finance In force
On 11 December 2014, the Saudi Fund for Development (SFD), signed a USD 30 million financing agreement with Arab Turkish Bank. The credit line is funded through SFD's Saudi Export Program (SEP) and wi...
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