Global Trade Alert
Global Trade Alert

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Republic of Korea: Fourth supplementary budget announced; including $3.4bn of commercial support

Description

On September 22nd, 2020, the South Korean Ministry of Economy and Finance (MOEF) released a press release confirming that a fourth supplementary budget had been approved as a response to the effects o...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Oct 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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