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Global Trade Alert

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Republic of Korea: MOTIE announces financial support package for the machinery manufacturing industries

Description

On September 23rd, 2020, the South Korean Ministry of Trade, Industry and Energy (MOTIE) announced it was implementing a USD 258m support package for the machinery manufacturing industry (including pa...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Sep 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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