Republic of Korea: Government funding initiatives announced in the 31st Meeting of Central Economic Response Headquarters

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Description

In December 2020, the South Korean Ministery of Land, Infrastructure, and Transportation announced that KRW 45.7 billion (USD 38.5 million) would be reserved toward an existing scheme which supports t...

Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Dec 2020

Revocation date

30 Jun 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

Affected Products

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