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Description
On 17 January 2024, the South Korean government announced a KRW 300 billion increase in the 2024 budget for the agricultural direct payment system. With this, the system's budget was increased from KR...
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Intervention Details
Intervention Type
Production subsidy
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
17 Jan 2024
Revocation date
31 Dec 2024
Implementation level
National
Affected flow
Inward
Announced as temporary
Yes
Eligible firms
all
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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