Global Trade Alert
Global Trade Alert

Republic of Korea: State aid to SMEs manufacturing parts for eco-friendly vehicles (2025)

Announcement

26 Mar 2025

In March 2025, the South Korean Ministry of Trade, Industry and Energy (MOTIE) announced providing up to KRW 320 billion in loan support for small and medium-sized companies that develop, manufacture, and assemble eco-friendly automobile parts.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Mar 2025

Revocation date:

21 Apr 2025

Updated: 26 Mar 2025
State loan

On 26 March 2025, the South Korean Ministry of Trade, Industry and Energy (MOTIE) announced providing up to KRW 320 billion (USD 218.4 million) in loan support for SMEs that develop, manufacture, o...

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