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Global Trade Alert

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Republic of Korea: K-Sure provides financing to support POSCO Holdings' construction of lithium extraction facility in Argentina

Description

On 27 January 2023, the Korea Trade Insurance Corporation (K-Sure) announced it would provide USD 520 million in financing to Korean Company POSCO Holdings for the construction of a lithium extraction...

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Intervention Details

Intervention Type

Financial assistance in foreign market

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

27 Jan 2023

Revocation date

No revocation date

Implementation level

National

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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