Announcement
17 Apr 2024
In April 2024, the South Korean government announced state aid measures to strengthen the competitiveness of the defence industry ecosystem.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
17 Apr 2024
Revocation date:
31 Dec 2024
Updated: 17 Apr 2024
State aid, unspecified
On 17 April 2024, the South Korean Ministry of Trade, Industry and Energy (MOTIE) announced providing KRW 400 billion (USD 298.1 million) in state aid to support South Korean defence and military part...
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Implementation date
17 Apr 2024
Revocation date:
No revocation date
Updated: 17 Apr 2024
Trade finance
In force
On 17 April 2024, the South Korean Ministry of Trade, Industry and Energy (MOTIE) announced providing an additional KRW 7 trillion (USD 5.1 billion) in trade insurance coverage to support South Korean...
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