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Global Trade Alert

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Republic of Korea: K-Sure signs MOU with Saudi Aramco to support South Korean firms in Middle East

Description

On 24 October 2023, the Korea Trade Insurance Corporation (K-Sure) announced signing a Memorandum of Understanding with the Saudi Arabian Oil Company (Saudi Aramco). As part of the agreement, K-Sure c...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

24 Oct 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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