Global Trade Alert
Global Trade Alert

Republic of Korea: 5th 'Economy Vitalisation' meeting held; more support policies announced

Announcement

19 Feb 2020

February 19th, 2020 - The Korean finance ministry announced further commercial support measures to combat COVID-19.

Source

Sign in to access

Number of interventions

3

2 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

17 Feb 2020

Revocation date:

No revocation date

Updated: 19 Feb 2020
Localisation, nes In force

The South Korean government announced on February 17th, 2020, the increased support for SMEs through framework aimed at encouraging the country's populace to go out and purchase goods from loc...

Sign in to see more

Implementation date

05 Feb 2020

Revocation date:

01 Sep 2020

Updated: 19 Feb 2020
Tax or social insurance relief
<p>The South Korean Ministry of Economy and Finance on February 19th 2020 held a meeting conerning 'Economy Vitalisation', the fifth such one of that year. In the meeting, a policy was...
Sign in to see more

Implementation date

05 Feb 2020

Revocation date:

01 Sep 2020

Updated: 19 Feb 2020
Internal taxation of imports
<p>On February 19th, 2020, the South Korean Ministry of Economy and Finance Ministry of Economy and Finance held its 5th 'Economic Vitality' meeting of 2020, releasing the official min...
Sign in to see more

Threads

See all

This state act is not part of any Thread yet.