Announcement
22 Jan 2012
On 22 January 2012, the Saudi Fund for Development (SFD) cooperation agreement with Banque Saudi Fransi. 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
22 Jan 2012
Revocation date:
No revocation date
Updated: 22 Jan 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: 22 Jan 2012
Trade finance
In force
The agreement is funded through SFD's Saudi Export Program (SEP) and will issue guarantees for export of Saudi national products valued at more than SAR 553 million (approx. USD 147.4 million). In a S...
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