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Global Trade Alert

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Republic of Korea: Government adopts additional state aid under Financial Support Plan for Addressing Trade Risks

Description

On 22 May 2025, the Republic of Korea announced that the Korea Credit Guarantee Fund and the Korea Technology Finance Corporation will receive a supplementary budget of KRW 170 billion (USD 123 millio...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 May 2025

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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