Global Trade Alert
Global Trade Alert

Republic of Korea (Seoul): Metropolitan government provides state aid to SMEs during 2024 Lunar New Year holiday period

Announcement

08 Jan 2024

In January 2024, the Seoul Metropolitan City government announced providing state aid to support SMEs in Seoul during the Lunar New Year holiday period.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

08 Jan 2024

Revocation date:

No revocation date

State loan In force

On 8 January 2024, the Seoul Metropolitan Government announced providing KRW 200 billion (USD 151.51 million) in loans to SMEs under the "Safe Interest Rate Fund". Companies can apply for support begi...

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State loan In force

On 8 January 2024, the Seoul Metropolitan Government announced providing KRW 480 billion (USD 363.62 million) in loans to SMEs under the "Economic Revitalisation" Fund. Companies can apply for support...

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