Global Trade Alert
Global Trade Alert

Mexico and South Korea: The introduction of a USD 200.000.000 credit line for supporting Mexican companies that provide goods and services to South Korean companies as well as Mexican companies that function through South Korean capital

Announcement

04 Apr 2016

In April 2016, the governments of Mexico and South Korea announced a change in its trade finance instruments.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Apr 2016

Revocation date:

No revocation date

Last action: 04 Apr 2016
Trade finance In force
On 4 April 2016, the Mexican National Bank of Foreign Trade (Bancomext) announced in a press release that it has signed a credit line agreement with the Import and Export Bank of South Korea (KExim). ...
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