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Republic of Korea: State aid measures to promote AI development

Description

On 4 July 2024, the South Korean government announced new state aid measures "to promote AI development". Among others, the government announced the launch of the AI Korea Fund "to support the develop...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

04 Jul 2024

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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Threads

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