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Global Trade Alert

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Republic of Korea: K-Sure provides KRW 460 billion in trade finance to Korean SMEs under agreement with IBK

Description

On 19 December 2024, the Korea Trade Insurance Corporation (K-Sure) and Industrial Bank Korea announced signing a KRW 460 billion (USD 317.7 million) "Export Package Preferential Finance" agreement. U...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

19 Dec 2024

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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