INTIEAKorea · Comprehensive Financing Support for ExportsPolicyIn force

Comprehensive Financing Support for Exports

In August 2023, the Financial Services Commission announced the Comprehensive Financing Support Measures for Exports to provide additional policy funding and financing support for export-focused businesses. The Support Measures are intended to counter on-going disruptions in the…

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Country / jurisdiction: Korea · Year: 2023 · Status: In force · Level: National · Type: Voluntary

In August 2023, the Financial Services Commission announced the Comprehensive Financing Support Measures for Exports to provide additional policy funding and financing support for export-focused businesses. The Support Measures are intended to counter on-going disruptions in the global supply chain; and to boost Korean industrial competitiveness in newly emerging high-tech sectors such as semiconductor and battery industries.

The Measures cover three major policy initiatives:

Market development, financing, and supply chain support funds: 4.1 trillion KRW

Domestic industrial competitiveness measures: 18.7 trillion KRW

Regulatory support for export financing (e.g., extending loan periods, concessionary rates)

Specific funding measures and details are provided as separate entries.

Official source: https://www.fsc.go.kr/po010101/80571?srchCtgry=1&curPage=&srchKey=sj&srchText=%EC%88%98%EC%B6%9C&srchBeginDt=&srchEndDt=

Source

https://www.iea.org/policies/18484

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