Global Trade Alert
Global Trade Alert

China: Sinosure provides guarantee to support SEPCOIII Electric Power Construction Co.'s participation in Saudi Arabian project

Announcement

31 Dec 2021

In 2021, the China Export & Credit Insurance Corporation (Sinosure) provided a guarantee to support Chinese company SEPCOIII Electric Power Construction Co.'s participation in an infrastructure project in Saudi Arabia. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Dec 2021

Revocation date:

No revocation date

Updated: 31 Dec 2021
Trade finance In force

In 2021, the China Export & Credit Insurance Corporation (Sinosure) provided a SAR 175 million (USD 46.7 million) export credit guarantee. The guaranteeĀ supported an undisclosed Chinese state-owned...

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