Global Trade Alert
Global Trade Alert

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Republic of Korea: Government announces measures worth KRW 790 billion to support K-content industry

Description

On 25 January 2023, the South Korean Ministry of Culture, Sports and Tourism announced providing loan guarantees worth KRW 220 billion (USD 178 million) on K-content creators' existing loans from fina...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Jan 2023

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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