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 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:

1. Market development, financing, and supply chain support funds: 4.1 trillion KRW
2. Domestic industrial competitiveness measures: 18.7 trillion KRW
3. Regulatory support for export financing (e.g., extending loan periods, concessionary rates)

Specific funding measures and details are provided as separate entries.

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