Announcement
16 Oct 2024
In October 2024, the Korea Trade Insurance Corporation (K-Sure) announced the provision of USD 1.35 billion in financing to support Korean company Hyundai Motor Group in the construction of a new electric vehicle (EV) plant in Georgia, United States of America.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
16 Oct 2024
Revocation date:
No revocation date
Updated: 16 Oct 2024
Financial assistance in foreign market
In force
On 16 October 2024, the Korea Trade Insurance Corporation (K-Sure) announced the provision of USD 1.35 billion in financing to support Korean company Hyundai Motor Group in the construction of...
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Related State Acts
18 Aug 2025
Republic of Korea: K-Sure provides KRW 630 bilion in guarantees to Hyundai Motor Group suppliers under Export Supply Chain Strengthening Guarantee
08 Nov 2023
Republic of Korea: K-Sure provides USD 940 million in support to Hyundai Mobis Co., Ltd. for the construction of an electric vehicle parts factory in the U.S.
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