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Republic of Korea: Approval of KRW 350 billion support to two projects under National Growth Fund (June 2026)

Description

On 25 June 2026, the South Korean government announced a KRW 100 billion (approximately USD 64 million) equity stake in LIG Defence & Aerospace (LIG D&A). The beneficiary is a domestic defence...

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Intervention Details

Intervention Type

Equity stake

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Jun 2026

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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