ANNOUNCEMENT 11 Nov 2009On 11 November 2009, the Saudi Fund for Development (SFD), signed a financing agreement with the Pakistani and will finance the Saudi exports of urea. The financing agreement is part of SFD's Saudi Export Program (SEP) and contains a local sourcing requirement.
NUMBER OF INTERVENTIONS
The Saudi Fund for Development, press release of 11 November 2009; SFD Signs USD (100) Million Financing Agreement with Pakistani government: http://www.sep.gov.sa/webcenter/faces/oracle/webcenter/page/scopedMD/s496069c3_e35f_448c_8a0a_0c2ed8086bcf/Page29.jspx?wc.contextURL=%2Fspaces%2Fexportprogram&DFile=121-DOCUMENT-147109&NRow=2&wc.originURL=%2Fspaces%2Fexportprogram%2Fpage%2FLatest%2BNews%2BDetails&_afrLoop=404789628475249#%40%3FNRow%3D2%26_afrLoop%3D404789628475249%26wc.originURL%3D%252Fspaces%252Fexportprogram%252Fpage%252FLatest%252BNews%252BDetails%26DFile%3D121-DOCUMENT-147109%26wc.contextURL%3D%252Fspaces%252Fexportprogram%26_adf.ctrl-state%3Dk3zm4bq8i_134
The Saudi Export Program, Introduction: http://www.sep.gov.sa/webcenter/faces/oracle/webcenter/page/scopedMD/s496069c3_e35f_448c_8a0a_0c2ed8086bcf/Page2.jspx?NRow=0&_afrLoop=405752416940788&wc.originURL=%2Fspaces%2Fexportprogram%2Fpage%2FFORWARD&DFile=SEP_PROJECT_DATAFILE&wc.contextURL=%2Fspaces%2Fexportprogram&_adf.ctrl-state=nazuebmo7_2622
The Saudi Fund for Development, What IS SFD?: http://www.sep.gov.sa/webcenter/faces/oracle/webcenter/page/scopedMD/s5dc73d77_7324_4d08_b347_444721019cba/Page2.jspx?_afrLoop=405592205708385&wc.originURL=%2Fspaces%2Fsfdinternet%2Fpage%2FWhat%2Bis%2BSFD&wc.contextURL=%2Fspaces%2Fsfdinternet&_adf.ctrl-state=nazuebmo7_2174#%40%3F_afrLoop%3D405592205708385%26wc.originURL%3D%252Fspaces%252Fsfdinternet%252Fpage%252FWhat%252Bis%252BSFD%26wc.contextURL%3D%252Fspaces%252Fsfdinternet%26_adf.ctrl-state%3D179yxq3cm6_69
The Saudi Export Program, Eligible parties for SEP benefits: http://www.sep.gov.sa/webcenter/faces/oracle/webcenter/page/scopedMD/s496069c3_e35f_448c_8a0a_0c2ed8086bcf/Page12.jspx?_afrLoop=262217691043248&wc.originURL=%2Fspaces%2Fexportprogram%2Fpage%2FELIGIBLE%2BPARTIES%2BFOR%2BSEP%2BBENEFITS&wc.contextURL=%2Fspaces%2Fexportprogram&_adf.ctrl-state=wivj9vjgj_1467#%40%3F_afrLoop%3D262217691043248%26wc.originURL%3D%252Fspaces%252Fexportprogram%252Fpage%252FELIGIBLE%252BPARTIES%252BFOR%252BSEP%252BBENEFITS%26wc.contextURL%3D%252Fspaces%252Fexportprogram%26_adf.ctrl-state%3Dnazuebmo7_1111
According to the terms of the SFD, the goods and services exported within this transaction must contain a Saudi domestic value of 25% or more.