Global Trade Alert
Global Trade Alert

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

Announcement

10 Jan 2024

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

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

15 Jan 2024

Revocation date:

No revocation date

State loan In force

On 10 January 2024, the Busan Metropolitan City government announced providing KRW 500 billion (USD 379.1 million) in loans to support SMEs in Busan during the Lunar New Year holiday period. Companies...

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State loan In force

On 10 January 2024, the Busan Metropolitan City government announced providing KRW 500 billion (USD 379.1 million) in loans to support small businesses in Busan during the Lunar New Year holiday perio...

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