AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Financial assistance in foreign market
The Korean Eximbank announced financing Korean SK Networks Corp. with a total value of USD 500 million. The funding provided will support the Korean company's acquisition of 15% shares of the Brazilian iron ore mining company MMX. MMX owns three mines in Brazil and one mine in Chile
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facing international competition, whether from imports, in export markets and from foreign subsidiaries.
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