RESTRICTED
WORLD TRADE G/SCM/Q2/KOR/2
27September 1996
ORGANIZATION(96-3848)
Original: English Committee onSubsidies andCountervailing Measures
SUBSIDIES
Questions from THAILAND Regarding theNew
andFullNotification ofKOREA1
Thefollowing communication, dated 20September 1996, hasbeenreceived fromthePermanent
Mission ofThailand.
_______________
V.C. Facility Investment Loans provided bytheSMEs Foundation Formation Fund
1. Please explain theoperation andsources oftheSME'sFoundation Formation Fund andits
relationship withtheMinistry ofFinance andEconomy andtheMinistry ofTrade, Industry
andEnergy.
2. Thiskindofsubsidy iscontingent onexport performance andtheloanrate(9percent)granted
bygovernment islower thananaverage commercial rate(12.3 percent). WillKorea terminate
theprogramme by1997?
Subsidy programmes notnotified totheWTO
3. Please givedetails ofKorean FreeTrade Zones.
1G/SCM/N/3/KOR+Rev.1.