Global Trade Alert
Global Trade Alert

Republic of Korea: Eximbank signs USD 1 billion ship financing MoU with UK based Seadrill to promote Korean shipping industry

Announcement

05 Nov 2013

In November 2013, the government of Republic of Korea announced a change in financial export support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

05 Nov 2013

Revocation date:

No revocation date

Last action: 05 Nov 2013
Trade finance In force
On 5 November 2013 the Export-Import Bank (Eximbank) of Korea signed a Memorandum of Understanding (MoU) with UK-based Seadrill. The Eximbank promises, through the MoU, to finance Seadrill's purchase...
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