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Global Trade Alert

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Republic of Korea: Launch of New Renewable Energy Financial Support Project

Description

On 30 March 2023, the Korean Ministry of Trade, Industry, and Energy (MOTIE) announced the launch of the KRW 458.3 billion (USD 351.5 million) New Renewable Energy Financial Support Project for the ye...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Apr 2023

Revocation date

31 Dec 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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