The South Korean government is significantly boosting trade finance to help local exporters struggling with cash flow.<br />Trade minister Sung Yun-mo will sign an agreement with the Korea Trade Insurance Corporation and four local banks, including Kookmin Bank and Shinhan Bank, in the coming hours.<br />The banks will start issuing export bond guarantees worth around 880 million U.S. dollars that can be liquidated into cash. <br />This comes after the government announced measures to help boost South Korea's flagging exports early last month. <br />
