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South Korea reveals comprehensive assistance in supporting the steel industry affected by tariffs

Южная Корея раскрывает комплексную помощь в поддержке сталелитейной промышленности, пострадавшей от тарифов

The Ministry of Trade, Industry and Energy of South Korea announced the support of 570 billion crypt ($ 410.39 million) to help in the country up to 50 percent, in accordance with the media reports, aluminum and derivatives. Small and medium -sized enterprises (SMEs) will gain access to KRW 200 billion ($ 143.9 million) in a low interest to the Korea International Association (Kita) at preferential rates from 1.5 to 2.0 percent.

In addition, the Government will expand trade insurance before a review of 270 trillion. (194.3 million). Warranty

will be launched a new KRW guarantee 400 billion dollars. USA ($ 287.84 million). The government will also expand the company's exam for the ChRW Emergency Fund 13.6 trillion ($ 9.79 billion), which was previously created in 2025 to support industries affected by tariffs. Protection

In addition to financial measures, the government also works on the part. Internal distribution. Sales.

Meanwhile, the ministry emphasized its commitment to strengthen protection against unfair trading practice, including bypassing tariffs and reset, as well as promoting the diversification of the export portfolio of South Korea both from the point of view of products and in the direction.



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