Vice Chairman Kim Soyoung of the Financial Services Commission held a meeting with domestic export businesses and related policy financial institutions on April 9 to discuss progress in the provision of export financing support made available for domestic exporters. In August last year, the government announced a set of private-public joint export support measures worth KRW23 trillion-plus. Under this program, Vice Chairman Kim said that a total of KRW16.7 trillion in export financing support has been already made available to domestic exporters until the end of February this year. Backed by the government-wide efforts to boost exports, Vice Chairman Kim added that exports have been on a clear recovery path since the second half of last year. To continue to help boost domestic exporters this year, Vice Chairman Kim said that the government will work to ensure a seamless implementation of the support measures.
Vice Chairman meets with domestic exporters and holds talks on export financing support programApr 09, 2024