Global Trade Alert
Global Trade Alert

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Republic of Korea: Ministry of Science and ICT announces 2022 Work Plan

Description

On 29 December 2021, the Korean Ministry for Science and ICT (MSIT) allocated KRW 58.6 billion (USD 49 million) in funding to all companies that seek to implement artificial intelligence (AI) in 5 spe...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

No implementation date

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

location-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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