The government is pouring 181 trillion won into trade and export support, including exempting public institutions from preliminary feasibility studies for the Yongin semiconductor industrial complex, to foster domestic exports in the second half of the year.

On the 4th, the government held an emergency economic ministers' meeting and export investment policy meeting and finalized and announced additional support measures to stimulate exports.

First, the government plans to quickly strengthen export infrastructure support, including trade finance, marketing, customs clearance, and logistics.

To address financial difficulties faced by export companies, the government plans to provide up to 181 trillion won in trade and export financing by the end of the year, and significantly increase the scale of export vouchers and overseas exhibition support, which are highly sought after by export companies.

In addition, we plan to further strengthen support for exports by small and medium-sized enterprises (SMEs), including relaxing the bonded factory patent standards for SMEs and extending the free pre-shipment period for export containers at the new Busan Port for SME shippers from the current 3-4 days to 5 days.

In particular, to diversify export markets, we will actively support exports and orders by dispatching order support teams to emerging markets such as the Middle East and ASEAN and expanding policy financing.

Saudi One Team Korea dispatched green industry order acquisition teams to Indonesia and Colombia, and provided 250 billion won to a special account of the Export-Import Bank of Korea to support orders from low-credit countries with high growth potential. Add more composition.

We also plan to strengthen economic cooperation with China, our main export market, by holding a Korea-China Economic Ministers' Meeting and a Korea-China Economic Cooperation Exchange Meeting between businesses within this year.

In addition, we will accelerate support for strengthening industrial competitiveness to expand structural exports.

Regarding national cutting-edge strategic industries such as semiconductors, displays, secondary batteries, and bio, investment support for U-turn companies will be expanded from the existing 29% to up to 50%, and a new low-interest loan program for technology commercialization for small and medium-sized enterprises will be established, providing KRW 5 billion per company at an interest rate of 1.33%.

Regarding semiconductors, we plan to pursue exemption from preliminary feasibility studies by public institutions to ensure the swift establishment of the Yongin Semiconductor National Industrial Complex.

In addition, we plan to continue to pursue large-scale R&D in promising future fields of system semiconductors, including next-generation intelligent semiconductors worth KRW 1.096 trillion, PIM artificial intelligence semiconductors worth KRW 402.7 billion, compound power semiconductors worth KRW 138.5 billion, and automotive and advanced packaging semiconductors worth over KRW 2.2 trillion.

Here, we plan to strengthen financial support for small and medium-sized semiconductor companies by creating a semiconductor ecosystem fund worth 300 billion won through corporate investment and private matching.

The secondary battery industry will select three new universities specializing in industry-academia convergence talent and support the construction of water supply facilities for secondary battery specialized complexes.

The display supports rapid transit permits for transporting large equipment.

When automobiles are replaced with container ships, the application of a discount on hazardous material inspection fees will be expanded.

In addition, a new K-Content Strategy Fund worth 1 trillion won will be created to invest in large-scale projects to target the global content market, while in the energy sector, incentives such as additional points in management evaluations will be expanded to encourage power generation companies to utilize domestically produced equipment when expanding overseas.
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▲Strengthening export competitiveness of key industries