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Global Trade Alert

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Republic of Korea: Government invests KRW 56 billion in third taxi driver support scheme

Description

On 2 April 2021, the Korean Ministry of Employment and Labor implemented a KRW 56 billion (USD 49 million) financial grant scheme targeting taxi drivers as proposed in the 2021 first supplementary bud...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Apr 2021

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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