Announcement
06 Apr 2023
In April 2023, the South Korean government launched a new Strategic Crop Direct Payment Plan to increase the cultivation of soybeans, floury rice, and certain forage crops.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
04 Jun 2023
Revocation date:
No revocation date
Updated: 06 Apr 2023
Production subsidy
In force
On 4 June 2023, the South Korean government announced the launch of a new Strategic Crop Direct Payment Plan with a budget of KRW 112.1 billion (USD 86.1 million). The scheme provides direct paymen...
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