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The Saudi Export Program
aims at playing a role in the diversification of national sources of revenue
through providing the necessary financing and guaranteeing facilities for the
development of Saudi non-crude oil exports. Since the start of the program
activities in the fiscal year 2001, the SEP has extended financing services to
both Saudi exporters and foreign importers of Saudi goods. Moreover, the credit
guarantee service was launched as one of the services provided by the SEP at the
end of 2003. |