Global Trade Alert
Global Trade Alert

Republic of Korea: KRW 500 billion investment to globalize the K-design industry

Announcement

14 Jun 2023

In June 2023, the South Korean Government announced a plan to provide KRW 500 billion in funding by 2027 in order to support the globalization of the K-design industry.

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1

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1 likely harmful

0 liberalising

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Updated: 14 Jun 2023
State aid, unspecified
On 14 June 2023, the South Korean Ministry of Trade, Industry, and Energy (MOTIE) announced a plan to provide financing of KRW 500 billion (USD 391.4 million) to support the globalization of the Korea...
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