Global Trade Alert
Global Trade Alert

Republic of Korea: State lease-back of ships

Announcement

07 Jul 2009

In July 2009, the government of Republic of Korea announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

07 Jul 2009

Revocation date:

No revocation date

State aid, nes

On 7 July 2009, the state-owned Korean Asset Management Corporation (KAMCO) started the implementation of a sale-and-leaseback scheme for Korean shipping companies. Participating companies improve th...

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