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Global Trade Alert

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Republic of Korea: KRW 80 billion in loans to support industrial companies' carbon reduction projects

Description

On 30 October 2024, the South Korean Ministry of Trade, Industry and Energy (MOTIE) announced providing KRW 80 billion (USD 58 million) in new loans to support South Korean industrial companies' carbo...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Oct 2024

Revocation date

18 Nov 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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