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Global Trade Alert

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Republic of Korea: Launch of first phase of K-Cloud Project

Description

On 26 June 2023, the South Korean Ministry of Science and ICT (MSIT) announced providing KRW 100 billion (USD 76.6 million) for the first phase of the K-cloud project. The financing will support South...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Jun 2023

Revocation date

31 Dec 2025

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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