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Global Trade Alert

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Republic of Korea: 'Korean New Deal' confirmed, $133bn to be spent by end of 2025

Description

On July 14th, 2020, the South Korean government released an overview of a plan dubbed by the administration the 'Korean New Deal' (hereafter referred to as such). This plan would build on various larg...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

No implementation date

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

sector-specific

Affected Trading Partners

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Affected Products

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