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Global Trade Alert

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Republic of Korea: Agreement between Shinhan and K-Sure to provide KRW 1 trillion to support overseas expansion of Korean companies

Description

On 17 June 2024, the South Korean government announced the signing of the “Business Agreement to Support Overseas Expansion of Small and Medium Enterprises” between the Korea Trade Insurance Corporati...

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Intervention Details

Intervention Type

Financial assistance in foreign market

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

17 Jun 2024

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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