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Republic of Korea: Korean Financial Services Commission announces KRW 2 trillion in support for SMEs affected by Ukraine conflict

Description

On 4 March 2022, the Export-Import Bank of Korea, a state-run entity, allocated KRW 500 billion (USD 410 million) to small and medium-sized businesses through a state loan scheme entitled the "Ukraine...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

04 Mar 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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