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Global Trade Alert

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Republic of Korea: Government invests KRW 4.5 trillion in loan scheme targeting SMEs

Description

On 3 February 2020, the South Korean Financial Services Commission announced the allocation of KRW 4.5 trillion (USD 3.8 billion) toward a loan scheme that targets small and medium-sized enterprises. ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

10 Feb 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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