Expansion of support for Gyeongbuk export companies due to political instability in the Middle East... Up to 20 million won in logistics costs
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Panoramic view of Gyeongbuk Provincial Government Building.
Panoramic view of Gyeongbuk Provincial Government Building. Provided by Gyeongbuk Province Gyeongbuk Province announced on the 8th that it will expand support for logistics costs and export insurance premiums for export companies whose transportation cost burden and transaction risk have increased due to political instability in the Middle East. Small and medium-sized export companies with manufacturing plants in the Gyeongbuk region can receive support for sea and air freight charges, overseas warehouse storage fees, and overseas inland transportation fees paid from December of last year to November of this year. The support limit per company is currently 700...
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