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Global Trade Alert

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Republic of Korea: Announcement of the AX-Sprint programme to support artificial intelligence application products

Description

On 18 March 2026, the South Korean government announced providing KRW 614 billion (USD 408.4 million) in state aid in the form of non-repayable contributions under the “AI Application Product Rapid Co...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

18 Mar 2026

Revocation date

31 Dec 2027

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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