Global Trade Alert
Global Trade Alert

Japan: JBIC signs buyer’s credit agreement to support Japanese exports of machinery and equipment for power generation to Saudi Arabia

Announcement

18 Dec 2013

On 18 December 2013, the Japan Bank for International Cooperation (JBIC) signed buyer's credit loan agreement with the state-owned Saudi Electricity Company to finance the purchase of machinery and equipment for power generation from Japanese manufacturer.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Dec 2013

Revocation date:

No revocation date

Updated: 18 Dec 2013
Trade finance In force

The buyer’s credit loan agreement between JBIC and the state-owned Saudi Electricity Company (SEC) has a maximum value of USD 183 million. Additionally, the loan is co-financed by a...

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