Global Trade Alert
Global Trade Alert

Back to state act

Republic of Korea: Government releases 2020 third supplementary budget as a result of COVID-19

Description

On 3 July 2020, the Korean National Assembly passed its third supplementary budget in which they allocated KRW 400 billion (USD 333 million) to Korean U-Turn companies (Korean businesses that once ope...

Sign in to see full description

Intervention Details

Intervention Type

Other export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

No implementation date

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

Sign in to access 0 sectors

Affected Products

Sign in to access 0 products