The Export-Import Bank of Korea held a forum on Feb. 18 with natural resource development companies.
At the forum, the bank shared its plans regarding more financial support related to resource development and raw material supply track records, logistics base expansion for supply chain risk response, and long-term capability enhancement based on supply chain diversification.
Especially, it gave detailed information on financial means for assisting in grain stockpiling, with the ongoing situation in Ukraine increasingly affecting the international grain market. The South Korean government covered the same issue at its meeting on Feb. 14.
The bank also said that it is planning to provide a financial support of at least 15 trillion won with regard to raw material procurement and logistics infrastructure expansion.
