Global Trade Alert
Global Trade Alert

Saudi Arabia: ARAMCO signs 51 new MOU's under the IKTVA Program

Announcement

22 Nov 2022

In the month of November 2022, the state-owned Saudi Aramco signed a Memorandum of Understanding with 59 firms.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

22 Nov 2022

Revocation date:

No revocation date

Updated: 22 Nov 2022
Local content incentive In force

On 22 November 2022, Saudi Aramco as part of its In Kingdom Total Value Add (IKTVA) program signed Corporate Procurement Agreements (CPAs) with 59 local and global firms worth USD 11 billion. 

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