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Global Trade Alert

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Republic of Korea: KODIT launches 4 types of ‘Customized Export Support Special Guarantee Program’ worth 2.4 trillion won

Description

On 16 October 2023, the Korea Credit Guarantee Fund (KODIT) announced the launch of a KRW 800 billion (USD 590.7 million) Special Guarantee for Collaborative Companies in Expansion Overseas. The guara...

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Intervention Details

Intervention Type

Financial assistance in foreign market

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

16 Oct 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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