Global Trade Alert
Global Trade Alert

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Republic of Korea: Government announces measures to support defense industry

Description

On 6 April 2023, the South Korean Ministry of Trade, Industry and Energy (MOTIE) announced the conclusion of an agreement to provide KRW 100 billion (USD 75.7 million) in export financing to the South...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

06 Apr 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

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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