Announcement
28 Jun 2012
On 28 June 2012, the Saudi Fund for Development (SFD) signed three financing agreements with seven Turkish banks. 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
1 certainly harmful
1 likely harmful
0 liberalising
List of interventions
Implementation date
28 Jun 2012
Revocation date:
No revocation date
Updated: 28 Jun 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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Implementation date
28 Jun 2012
Revocation date:
No revocation date
Updated: 28 Jun 2012
Trade finance
In force
The Saudi Fund for Development (SFD) signed three financing agreements totalling USD 210 million with seven Turkish bank respectively Asya Bank, Halk Bank, Seker Bank, Finance Bank, the Kuwait Turkish...
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