Global Trade Alert
Global Trade Alert

Saudi Arabia: SFD signs USD 250 million financing agreement with the Egyptian General Petroleum Corporation to support Saudi exports of petroleum derivatives

Announcement

07 Oct 2012

A new trade finance transaction was announced in October 2012.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

07 Oct 2012

Revocation date:

No revocation date

Updated: 07 Oct 2012
Trade finance In force
On 7 October 2012, the Saudi Fund for Development (SFD) signed a USD 250 million financing agreement with with the Egyptian General Petroleum Corporation. The agreement is funded through SFD's Saudi E...
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Updated: 07 Oct 2012
Local value added incentive In force
The credit for this transaction is provided by the Export Import Bank of India (EXIM) and requires that at least 75% of the contract price for goods and services associated with the project is sourced...
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