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Global Trade Alert

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Republic of Korea: KRW 18.6 billion in restoration cost for fish farms affected by high temperatures

Description

On 22 September 2023, the South Korean government announced providing KRW 18.6 billion (USD 14 million) in loans for fish farms which suffered damage due to high temperatures this year. According to t...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Sep 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

location-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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