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Global Trade Alert

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Republic of Korea: Funding of Saudi purchases of Korean goods

Description

On 26 April 2011 the Korean Eximbank signed a memorandum of understanding with Saudi ARAMCO whereby the former will provide loans and financial guarantees to promote the participation of Korean firms...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

12 May 2011

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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