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Republic of Korea: Government announces KRW 1.5 trillion Special Feed Purchase Fund to support Korean livestock farms

Description

On 30 May 2022, the Korean Ministry of Agriculture, Food and Rural Affairs launched a KRW 1.5 trillion (approx. USD 1.2 billion) subsidy scheme (the "special feed purchase fund") to support Korean liv...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

03 Jun 2022

Revocation date

31 Dec 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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