Global Trade Alert
Global Trade Alert

Republic of Korea: Implications of enacted Foreign Investment Promotion Act

Announcement

31 Jul 2009

In July 2009, the government of Republic of Korea announced changed incentives for foreign investors entering the country.

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

31 Jul 2009

Revocation date:

No revocation date

Updated: 31 Jul 2009
FDI: Financial incentive In force

On 31 July 2009 the Foreign Investment Promotion Act came into force. According to the Korean Ministry of Knowledge Economy, in a press release issued by its Trade Policy Division, "rent-free ...

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