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Republic of Korea: National Assembly passes revision bill to raise the Export-Import Bank of Korea's capital limit

Description

On 29 February 2024, the South Korean National Assembly passed a revision bill to raise the Export-Import Bank of Korea's capital limit from the current KRW 15 trillion (USD 11.2 billion) to KRW 25 tr...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

No implementation date

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 Products

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