Announcement
24 Jul 2021
On 24 July 2021, the National Assembly passed the 2021 second supplementary budget worth KRW 34.9 trillion.
Source
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Number of interventions
6
0 certainly harmful
6 likely harmful
0 liberalising
List of interventions
Implementation date
24 Jul 2021
Revocation date:
No revocation date
Announced: 24 Jul 2021
State aid, unspecified
In force
On 24 July 2021, the Korean National Assembly passed the 2021 second supplementary budget, in which KRW 137 billion (USD 119 million) was reserved for corporate taxi, charter bus, and other non-public...
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Announced: 24 Jul 2021
Local content incentive
In force
On 24 July 2021, the Korean National Assembly passed the 2021 second supplementary budget, in which they increased the Win-Win Discount on Fisheries Products Plan by KRW 20 billion (USD 17 billion), m...
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Implementation date
No implementation date
Revocation date:
No revocation date
Announced: 24 Jul 2021
Financial grant
On 24 July 2021, the Korean National Assembly passed the 2021 second supplementary budget, in which more than KRW 1 trillion (USD 875 million) was allocated toward recompensating small and medium busi...
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Announced: 24 Jul 2021
State loan
On 24 July 2021, the Korean National Assembly passed the 2021 second supplementary budget, in which KRW 6 trillion (USD billion) was allocated to a loan scheme that targets Korean small and medium bu...
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Announced: 24 Jul 2021
Localisation, nes
On 24 July 2021, the Korean National Assembly passed the 2021 second supplementary budget, in which they also passed a KRW 700 billion (USD 594 million) Win-Win National Support Fund scheme. In this c...
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Announced: 24 Jul 2021
Financial grant
On 24 July 2021, the Korean National Assembly passed the 2021 second supplementary budget, in which KRW 4.2 trillion (USD 3.6 billion) was allocated to the Hope Recovery Fund, a financial grant scheme...
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Related State Acts
Announced: 24 Nov 2021
Republic of Korea: Government allocates KRW 1.7 trillion to loan schemes targeting SMEs
Announced: 27 Oct 2021
Republic of Korea: Government allocates KRW 2 trillion to SMEs through Compensation for Losses financial grant scheme
Announced: 01 Oct 2021
Republic of Korea: Government invests KRW 700 billion for Win-Win National Support Fund
Announced: 17 Aug 2021
Republic of Korea: Government launches KRW 4.2 trillion Hope Recovery Fund
Announced: 03 Aug 2021
Republic of Korea: Government invests KRW 64 billion in fourth taxi driver support scheme
Announced: 30 Jul 2021
Republic of Korea: Government allocates KRW 3.8 trillion to rent relief loan program
Removed: 30 Jun 2021
Republic of Korea: First 2021 supplementary budget worth KRW 14.9 trillion passes at National Assembly
Announced: 01 Feb 2021
Republic of Korea: Government allocates KRW 12.8 trillion to SME loan scheme
Announced: 03 Jul 2020
Republic of Korea: Government releases 2020 third supplementary budget as a result of COVID-19
Announced: 03 Feb 2020
Republic of Korea: Government invests KRW 4.5 trillion in loan scheme targeting SMEs
Announced: 01 Jan 2020
Republic of Korea: Government invests over KRW 1 trillion in Management Stabilization Fund for SMEs
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Harmful Trade Policy Measures
This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.
Published: 04 Sep 2024
70627
interventions
194
jurisdictions