Global Trade Alert
Global Trade Alert

Republic of Korea: Government adopts additional state aid under Financial Support Plan for Addressing Trade Risks

Announcement

22 May 2025

In May 2025, the South Korean government adopted the “Financial Support Plan for Addressing Trade Risks".

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

22 May 2025

Revocation date:

No revocation date

Announced: 22 May 2025
Trade finance In force
On 22 May 2025, the Korean Ministry of Economy and Finance announced the adoption of the “Financial Support Plan for Addressing Trade Risks". As part of the plan, the government announced that the Kor...
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Announced: 22 May 2025
Loan guarantee In force
On 22 May 2025, the Republic of Korea announced that the Korea Credit Guarantee Fund and the Korea Technology Finance Corporation will receive a supplementary budget of KRW 170 billion (USD 123 millio...
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Announced: 22 May 2025
State loan In force
On 22 May 2025, the Korean Ministry of Economy and Finance announced the adoption of the “Financial Support Plan for Addressing Trade Risks". As part of the plan, the government announced increasing t...
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