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Global Trade Alert

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Republic of Korea: National Eximbank announces extra $162m of COVID-19 support funding for SMEs

Description

On April 5th, 2020, the South Korean Export-Import Bank announced it would be expanding funding for domestic SMEs particularly struggling due to the negative economic effects of the COVID-19 pandemic ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

05 Apr 2020

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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