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Republic of Korea: Launch of 2024 Robot Industry Technology Development Project with budget of KRW 52.3 billion

Description

On 19 February 2024, the South Korean Ministry of Trade, Industry and Energy (MOTIE) announced providing KRW 52.3 billion (USD 39.2 million) in state aid to support the robot industry under the Robot ...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Feb 2024

Revocation date

30 Sep 2024

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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