Global Trade Alert
Global Trade Alert

Republic of Korea: Government announces 12.3% increase in state spending on R&D support

Announcement

04 Sep 2020

September 4th, 2020 - The Korean government announced the expansion of government support for the R&D industry.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

04 Sep 2020

Revocation date:

No revocation date

Financial grant In force

On September 4th, 2020, the South Korean Ministry of Economy and Finance (MOEF) stated in an announcement (hereafter, 'Announcement') that it was increasing financial support in the R&D sector, in...

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