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Global Trade Alert

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Republic of Korea: Pilot procurement programme to support localisation of certain core parts produced by local SMEs

Description

On 19 January 2024, the South Korean Ministry of SMEs and Startups (MSS) announced the launch of a pilot public procurement programme to support the purchase of several core parts produced by local SM...

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Intervention Details

Intervention Type

Public procurement localisation

MAST Chapter

M: Government procurement restrictions

Implementation date

01 Mar 2024

Revocation date

31 Dec 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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