Global Trade Alert
Global Trade Alert

Italy: SACE announces multi-billion support for Italian exports to Saudi Arabia

Announcement

26 Jan 2025

In January 2025, the Italian Eximbank SACE announced support for Italian exports to Saudi Arabia.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

26 Jan 2025

Revocation date:

No revocation date

Trade finance In force

On 26 January 2025, the Italian Eximbank SACE announced a EUR 3 billion (USD 3.14 billion) guarantee to facilitate exports from Italian SMEs and supply chains to NEOM in Saudi Arabia. Eligible project...

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Other export incentive In force

On 26 January 2025, the Italian Eximbank, SACE announced a EUR 100 million (USD 104 million) credit line in favour of ACWA Power Company in exchange for a commitment to create business match opportuni...

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