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Global Trade Alert

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Republic of Korea: Launch of 2025 Industrial Bank of Korea semiconductor low-interest loan program

Description

On 27 November 2024, the South Korean government published a new plan "to support the semiconductor industry via public-private partnership". Among others, the government announced the launch of the "...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

01 Jan 2025

Revocation date

31 Dec 2025

Implementation level

NFI

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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