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Global Trade Alert

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Republic of Korea: K-Sure provides USD 1 billion guarantee for LG Chem's cathode material plant in the US

Description

On 4 August 2025, the Korea Trade Insurance Corporation (K-SURE) announced it would provide a USD 1 billion guarantee to LG Chem for the construction of a cathode material plant in Tennessee, United S...

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Intervention Details

Intervention Type

Financial assistance in foreign market

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

04 Aug 2025

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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