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Global Trade Alert

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Republic of Korea: K-SURE provides USD 350 million guarantee to support delivery of tankers by K Shipbuilding to the US

Description

On 7 August 2025, the Korea Trade Insurance Corporation (K-SURE) announced providing a USD 50 million refund guarantee (RG) for Korean company K Shipbuilding to support the delivery of tankers to US c...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

07 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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