UK Export Finance agrees US$2 billion line of credit with Saudi Aramco

International Trade Secretary Dr Liam Fox MP recently signed a US$ 2 billion UK Export Finance (UKEF) line of credit with Saudi Aramco. As part of this, UKEF will be providing Saudi Aramco with support in the form of credit guarantees to help procure goods and services from the UK.  Many UK companies already export successfully to Saudi Aramco, and this will build on previous UKEF support for Saudi Aramco joint venture projects such as the Sadara Chemicals project.  In the coming months UKEF will be running a series of exporter events to help connect British suppliers with Aramco to fully realise the mutual benefits of this support. SBJBC UK looks forward to participating in these.