{
  "id": 7245740,
  "title": "Korea Eximbank, Gangwon Province launch joint financing push for K-food exporters",
  "url": "https://urgent.news/2026/09/14/korea-eximbank-gangwon-province-launch-joint-financing-push-for-k",
  "topic": "world",
  "section": "World",
  "published": "2026-09-14T04:57:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/business/banking-finance/20260914/korea-eximbank-gangwon-province-launch-joint-financing-push-for-k-food-exporters"
  },
  "original_language": "en",
  "account": "The Export-Import Bank of Korea, known as Korea Eximbank, is teaming up with Gangwon Province to provide financial assistance to food exporters based in the region, according to the state-run lender's announcement on Monday. This collaborative effort aims to bolster companies outside of Seoul that seek to penetrate international markets.\n\nThe first recipient of this initiative is Sejun F&B, a rice-based food manufacturer situated in Hongcheon, Gangwon Province. This company specializes in convenience foods like rice cakes and \"nurungji\" (scorched rice) and is actively working on establishing its own brand to expand its reach globally.\n\nHwang Ki-yeon, the CEO of Korea Eximbank, personally toured Sejun F&B's production facilities on Friday, demonstrating the bank's commitment to supporting the overseas growth of regional K-food businesses. This partnership was formalized through a memorandum of understanding (MOU) signed last month between Korea Eximbank and the Gangwon Provincial Government. Under this agreement, the bank offers participating companies loans at preferential rates, while the province reimburses the bank for a portion of the reduced interest rate.\n\nAs rice-based food exports have been steadily increasing over time, this joint financing push by Korea Eximbank and Gangwon Province is expected to further stimulate the growth of K-food exporters in the region.",
  "summary": "The Export-Import Bank of Korea (Korea Eximbank) is expanding financial support for food exporters in Gangwon Province as part of a broader push to help companies outside the Seoul metropolitan area enter overseas markets, the state-run lender said Monday. The initiative’s first beneficiary is Sejun F&B, a rice-based food manufacturer located in Hongcheon, Gangwon Province. A maker of convenience…",
  "key_points": [
    "Korea Eximbank partners with Gangwon Province for K-food exporters",
    "Sejun F&B, a rice-based food manufacturer, receives first support",
    "MOU signed last month formalizes the collaboration"
  ],
  "editors_take": "Korea Eximbank's partnership with Gangwon Province to offer preferential loans to local food exporters shifts more support to companies outside Seoul, boosting their global market prospects.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Korea Eximbank, Gangwon Province launch joint financing push for K-food exporters",
        "url": "https://urgent.news/2026/09/14/korea-eximbank-gangwon-province-launch-joint-financing-push-for-k-7247726",
        "published": "2026-09-14T05:07:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}