South Korea has proposed a 26.2 trillion won emergency budget to address industrial risks from the Middle East conflict.
Key measures include expanded export support, energy transition funding, and supply chain stabilization.
The budget is under review and expected to be processed by the National Assembly on April 10.
The South Korean government is intensifying support for automotive export logistics in response to Middle East conflict risks.
Key measures include financial aid, customs facilitation, and expanded liquidity for affected exporters.
As of early April 2024, these policies are being rapidly implemented to address industry concerns.
South Korea’s Ministry of SMEs and Startups convened a meeting to address export disruptions caused by the Middle East situation.
New emergency logistics vouchers and special loan extensions are being introduced to support affected small and medium enterprises.
These measures are being implemented in March 2026 following a surge in reported export difficulties.