Global Trade Alert
Global Trade Alert

Saudi Arabia: Saudi Exim Bank signs a USD 25 million credit agreement with Petrochem Middle East to facilitate Saudi exports to UAE

Announcement

21 Oct 2023

In October 2023, the Saudi Exim Bank signed a USD 25 million credit agreement with UAE-based Petrochem Middle East to facilitate the export of Saudi Arabian products to the United Arab Emirates (UAE).

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

21 Oct 2023

Revocation date:

No revocation date

Trade finance In force

On 21 October 2023, the Saudi Exim Bank signed a USD 25 million credit line agreement with United Arab Emirates (UAE)-based Petrochem Middle East to support Saudi Arabian exports of chemical products ...

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