South Korea Unveils Record-Breaking Export Finance Support Amid Trump Policy Uncertainty
2025-01-20
MSN
To mitigate the impact of potential US trade policies, South Korea is set to offer its largest-ever export finance support, totaling 360 trillion won. The government will provide this financing through state-run banks and institutions, aiming to bolster exporting companies. With concerns surrounding Trump's policies, this move is seen as a proactive measure to protect the nation's economy. Key initiatives include enhanced export insurance and loan support, expected to benefit major industries. This strategic decision underscores the government's commitment to fostering economic growth and stability amidst global trade uncertainties, with a focus on export-oriented sectors and trade finance solutions.
