Global Trade Alert
Global Trade Alert

Republic of Korea: Government invests KRW 56 billion in third taxi driver support scheme

Announcement

02 Apr 2021

On 2 April 2021, the Korean Ministry of Employment and Labor allocated KRW 56 billion to a financial grant scheme supporting corporate taxi drivers.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

02 Apr 2021

Revocation date:

No revocation date

Financial grant In force

On 2 April 2021, the Korean Ministry of Employment and Labor implemented a KRW 56 billion (USD 49 million) financial grant scheme targeting taxi drivers as proposed in the 2021 first supplementary bud...

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