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Global Trade Alert

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Republic of Korea: K-Sure provides financing to support Korean companies in construction of battery plant in Indonesia

Description

On 22 August 2022, the Korea Trade Insurance Corporation (K-Sure) announced the provision of financing worth USD 710 million to support the construction of an electric vehicle battery plant in Indones...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

22 Aug 2022

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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Affected Sectors

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Affected Products

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