IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 31 Dec 2016 | Removal date: open ended
Still in force

State loan

In the annual report for the fiscal year 2016, the Saudi Industrial Development Fund mentioned that it had provided a loan for expanding a bottle pellet factory in the Saudi city of Kharj. The financial amount of the loan was estimated at circa SR 84 million (circa USD 22 million).
As no inception date was provided for this state aid, the most conservative date, i.e. 31 December 2016, is assumed.

The Saudi Industrial Development Fund
The Saudi Industrial Development Fund (SIDF) was established in 1974 to provide financing and support for Saudi Arabia's private industry through medium- and long-term loans. The funds are meant to upgrade, expand and create new branches of the country's industry.


A state measure in the GTA database is assessed solely in terms of the extent to which its implementation affects the extent of discrimination against foreign commercial interests. On this metric, the state aid proposed here is discriminatory.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

364 Packaging products of plastics
3923 Articles for the conveyance or packing of goods, of plastics; stoppers, lids, caps and other closures, of plastics.
392330 Carboys, bottles, flasks and similar articles
371 Glass & glass products
7010 Carboys, bottles, flasks, jars, pots, phials, ampoules and other containers, of glass, of a kind used for the conveyance or packing of goods; preserving jars of glass; stoppers, lids and other closures, of glass.
701090 Other

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