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Global Trade Alert

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Republic of Korea: Second stimulus package of $6.4bn for COVID-19 recovery announced

Description

On April 16th, 2020, the South Korea Ministry of Economy and Finance released a second 'Supplementary Budget' (hereafter referred to as Second Budget) to finance 'emergency relief' for the effects of ...

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Intervention Details

Intervention Type

Localisation, nes

MAST Chapter

I: Trade-related investment measures

Implementation date

30 Apr 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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