Announcement
03 Sep 2013
On 3 September 2013, the Saudi Fund for Development (SFD), signed a financing agreement with the Saudi company National Petrochemical Industrial Co. 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
03 Sep 2013
Revocation date:
No revocation date
Last action: 03 Sep 2013
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: 03 Sep 2013
Trade finance
In force
The financing agreement is worth USD 40 million. The agreement is funded through SFD's Saudi Export Program (SEP) and will finance the company's export transactions. The company produces Polypropylene...
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