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Global Trade Alert

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Republic of Korea: Government allocates KRW 81 billion to taxi driver support scheme

Description

On 8 October 2020, the Korean Ministry for Employment and Labor implemented a KRW 81 billion (USD 70 million) financial grant scheme targeting corporate taxi drivers as part of the Korean 2020 fourth ...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

08 Oct 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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