Announcement
29 May 2025
In May 2025, the Korean Credit Guarantee Fund (KODIT) announced providing KRW 260 billion in guarantees to auto part manufacturing partners of Hyundai Motor Group that are affected by US tariffs and other factors.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
29 May 2025
Revocation date:
No revocation date
Updated: 04 Jun 2025
Loan guarantee
In force
On 29 May 2025, the Korean Credit Guarantee Fund (KODIT) announced the signing of a "P-CBO Guarantee Program for Win-Win Cooperation" partnership with Hyundai Motor Group. Under the agree...
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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
09 Apr 2025
Republic of Korea: Emergency Response Measures for Strengthening the Automobile Ecosystem
26 Mar 2025
United States of America: U.S. Administration announces 25 percent tariffs on automobile imports to address national security risks
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