Global Trade Alert
Global Trade Alert

Republic of Korea: Introduction of KRW 1 trillion Special Guarantee to support SMEs in overcoming complex crises

Announcement

01 Feb 2023

In February 2023, the Korean Ministry of SMEs and Startups announced the launch of a KRW 1 trillion special guarantee scheme to support SMEs in "overcoming complex crises."

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 Feb 2023

Revocation date:

No revocation date

Updated: 01 Feb 2023
Loan guarantee In force

On 2 February 2023, the Korean Ministry of SMEs and Startups launched a KRW 1 trillion (USD 813.5 million) special guarantee scheme to support SMEs, irrespective of sector, in "overcoming complex c...

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