Global Trade Alert
Global Trade Alert

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Republic of Korea: Introduction of several measures to support Korean export industry

Description

On 16 August 2023, the South Korean Financial Services Commission (FSC) announced that the Korea Development Bank, a state-owned bank, will provide KRW 2 trillion (approx. USD 1.49 billion) in loans t...

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Intervention Details

Intervention Type

Other export incentive

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

16 Aug 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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