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Global Trade Alert

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Republic of Korea: Extension of guarantees on foreign-denominated debts acquired by domestic banks

Description

Following approval by the Korean National Assembly, that nation's government has extended its guarantee on foreign currency-denominated debts that are acquired or held by domestic banks on or before 3...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Apr 2009

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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