Global Trade Alert
Global Trade Alert

Republic of Korea: Government allocates KRW 7 trillion to K-New Deal Fund

Announcement

03 Sep 2020

In September 2020, the Republic of Korea announced the allocation of KRW 7 trillion to the K-New Deal Fund in order to support New Deal projects.

 

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Number of interventions

4

4 certainly harmful

0 likely harmful

0 liberalising

List of interventions

4 in force

Implementation date

03 Sep 2020

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 3 September 2020, the Republic of Korea announced the launch of the "Public Sector Led New Deal Fund," to which the South Korean Government will allocate KRW 3 trillion (USD 2.5 billion) until 2025...

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State loan In force

On 3 September 2020, the Republic of Korea announced the launch of the "Public Sector Led New Deal Fund," to which the South Korean Government will allocate KRW 3 trillion (USD 2.5 billion) until 2025...

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Capital injection and equity stakes (including bailouts) In force

On 3 September 2020, the Republic of Korea announced the launch of the "Public Sector Led New Deal Fund," to which South Korean state-backed financial institutions will allocate KRW 4 trillion (USD 3....

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State loan In force

On 3 September 2020, the Republic of Korea announced the launch of the "Public Sector Led New Deal Fund," to which South Korean state-backed financial institutions will allocate KRW 4 trillion (USD 3....

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