Global Trade Alert
Global Trade Alert

Republic of Korea: Government publishes National Strategy for Artificial Intelligence

Announcement

17 Dec 2019

On 17 December 2019, the Korean Ministry of Science and Technology Information and Communication published the National Strategy for Artificial Intelligence.

Source

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Number of interventions

6

0 certainly harmful

6 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Announced: 17 Dec 2019
Loan guarantee
On 17 December 2019, the Republic of Korea announced a loan guarantee for small and medium-sized businesses with "innovative AI technology." In this regard, these startups and SMEs can access loan gua...
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Announced: 17 Dec 2019
State aid, unspecified
On 17 December 2019, the Republic of Korea announced the allocation of KRW 300 billion (USD 258 million) to a Future Technology Promotion Fund for Korean small and medium-sized businesses in the DNA +...
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Announced: 17 Dec 2019
State aid, unspecified
On 17 December 2019, the Republic of Korea announced the allocation of an additional KRW 1.96 trillion (USD 1.7 billion) to the development of semiconductors over 9 years (2020-2029). The objective o...
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Announced: 17 Dec 2019
In-kind grant
On 17 December 2019, the Republic of Korea announced the allocation of KRW 393 billion (USD 338 million) to construct an AI complex in Gwangju. The objective of the funding is to "create a core infras...
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Announced: 17 Dec 2019
State aid, unspecified
On 17 December 2019, the Republic of Korea announced the allocation of KRW 300 billion (USD 258 million) to an AI Investment Fund for Korean startups in the DNA sector, meaning those working in 'data,...
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Announced: 17 Dec 2019
State aid, unspecified
On 17 December 2019, the Republic of Korea announced the allocation of an additional KRW 1.5 trillion (USD 1.3 billion) to their DNA + BIG 3 program. In 2019, the budget was KRW 3.2 trillion (USD 2.7 ...
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