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Global Trade Alert

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Republic of Korea: Korea Development Bank announced a USD 1.5 billion support for Korea National Oil Corporation

Description

On 16 April 2026, the Korea Development Bank (KDB) announced that it would provide USD 1.5 billion to the Korea National Oil Corporation. The support is co-financed by the Export-Import Bank for an ad...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Apr 2026

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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Affected Sectors

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Affected Products

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