Global Trade Alert
Global Trade Alert

Republic of Korea: Eximbank finances Korean company acquisition of Brazilian iron ore mining company

Announcement

22 Nov 2010

On 25 October 2010, the Export-Import Bank of Korea (Korea Eximbank) announced financing for SK Networks Corp.'s overseas business activities.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Oct 2010

Revocation date:

No revocation date

Updated: 22 Nov 2010
Financial assistance in foreign market In force

The Korean Eximbank announced financing Korean SK Networks Corp. with a total value of USD 500 million. The funding provided will support the Korean company's acquisition of 15% shares of the ...

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