Announcement
08 Oct 2012
On 8 October 2012, 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
08 Oct 2012
Revocation date:
No revocation date
Updated: 08 Oct 2012
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: 08 Oct 2012
Trade finance
In force
The financing agreement with the Saudi company National Petrochemical Industrial Co has a value of USD 20 million. The agreement is funded through SFD's Saudi Export Program (SEP) and will finance the...
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