Global Trade Alert
Global Trade Alert

Republic of Korea: Introduction of several measures to support Korean export industry

Announcement

16 Aug 2023

In August 2023, the South Korean government announced several measures to support the Korean export industry.

 

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Number of interventions

7

7 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2024

Revocation date:

No revocation date

Updated: 16 Aug 2023
Other export incentive In force

On 16 August 2023, the South Korean Financial Services Commission (FSC) announced that the Industrial Bank of Korea, a state-owned bank, will provide KRW 1 trillion (approx. USD 747.1 billion)...

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Implementation date

16 Aug 2023

Revocation date:

No revocation date

Updated: 16 Aug 2023
Other export incentive In force

On 16 August 2023, the South Korean Financial Services Commission (FSC) announced the launch of a new Supply Chain Response Fund. The fund supports Korean companies in core expo...

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Updated: 16 Aug 2023
Other export incentive In force

On 16 August 2023, the South Korean Financial Services Commission (FSC) announced that the Korea Development Bank, a state-owned bank, will provide KRW 2 trillion (approx. USD 1.49 billion) in...

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Updated: 16 Aug 2023
Other export incentive In force

On 16 August 2023, the South Korean Financial Services Commission (FSC) announced that the Korea Development Bank, a state-owned bank, will provide KRW 2 trillion (approx. USD 1.49 billion) in...

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Updated: 16 Aug 2023
Other export incentive In force

On 16 August 2023, the South Korean Financial Services Commission (FSC) announced that the Korea Development Bank, a state-owned bank, will provide KRW 2 trillion (approx. USD 1.49 billion) in...

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Updated: 16 Aug 2023
Other export incentive In force

On 16 August 2023, the South Korean Financial Services Commission (FSC) announced that the Korea Development Bank, a state-owned bank, will provide KRW 5 trillion (approx. USD 3.7 billion) in loans...

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Updated: 16 Aug 2023
Financial assistance in foreign market In force

On 16 August 2023, the South Korean Financial Services Commission (FSC) announced the launch of a new Supply Chain Response Fund. The fund supports Korean companies in core expo...

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