Global Trade Alert
Global Trade Alert

Republic of Korea: Eximbank provides USD 1.2 billion to subsea transmission system project in the United Arab Emirates

Announcement

25 Sep 2022

In September 2022, the Export-Import Bank of Korea announced that it would provide USD 1.2 billion in project financing for a subsea transmission system project in the United Arab Emirates in order to facilitate the participation of Korean companies KEPCO and Samsung C&T. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Sep 2022

Revocation date:

No revocation date

Updated: 25 Sep 2022
Trade finance In force
On 25 September 2022, the Export-Import Bank of Korea announced that it would provide USD 1.2 billion in project financing for a high-voltage, direct-current (HVDC) subsea transmission system project ...
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