Global Trade Alert
Global Trade Alert

Republic of Korea: Eximbank increases financial support for the shipping industry

Announcement

16 Jul 2012

On 16 July 2012, the Export-Import Bank of Korea (Korea Eximbank) announced increasing financial support for the Korean shipping industry.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Jul 2012

Revocation date:

No revocation date

Announced: 16 Jul 2012
Trade finance In force
The financial support has a total value of KRW 1 trillion (ca. USD 865.84 million) in ship financing for Korean exporters of ships and offshore plants. Ship financing is target to support the shipbuil...
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