IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 25 Jun 2013 | Removal date: open ended
Still in force

Trade finance

 On 25 June 2013, the UK Export Finance agency announced it would guarantee an export credit worth up to 700 million USD for the Sadara Petrochemicals project.
UKEF will guarantee all UK companies participating in the construction of the Sadara Petrochemicals complex. So far, the firms included in the contract were Fluor, Foster Wheeler and Jacobs Engineering.

AFFECTED COUNTRIES

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