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Republic of Korea: KODIT provides KRW 260 billion in guarantees to Hyundai Motor Group's suppliers affected by US tariffs

Description

On 29 May 2025, the Korean Credit Guarantee Fund (KODIT) announced the signing of a "P-CBO Guarantee Program for Win-Win Cooperation" partnership with Hyundai Motor Group. Under the agreement, KODIT p...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 May 2025

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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