The Ministry of SMEs and Startups will start recruiting the third round of export voucher projects to support small and medium-sized export companies that suffer management burdens due to high exchange rates on the 8th.

Through this recruitment, the Ministry of SMEs and Startups plans to support about 1,200 companies with a budget of 47 billion won. The government will focus on supporting export companies in need in the aftermath of the high exchange rate and allow additional support for high exchange rate damage among existing export voucher companies to respond to on-site demand.

In order to strengthen export companies' risk management capabilities, the trade insurance premium support limit will also be temporarily expanded. The support limit will increase from 10 million won to 20 million won. The Ministry of SMEs and Startups plans to quickly support companies in need of support so that they can receive benefits in a timely manner. Applications will be made online through the Export Voucher website from the 8th.

[Reporter Lee Yoojin]