Global Trade Alert
Global Trade Alert

Republic of Korea: Ministry of Science and ICT announces 2022 Work Plan

Announcement

29 Dec 2021

On 29 December 2021, the Korean Ministry of Science and ICT announced their 2022 Work Plan.

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Number of interventions

3

0 certainly harmful

3 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

No implementation date

Revocation date:

No revocation date

State aid, unspecified

On 29 December 2021, the Korean Ministry for Science and ICT (MSIT) allocated KRW 6.4 trillion (USD 5.4 billion) in funding to some specific industries. Specifically, the announcement targeted the ind...

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State aid, unspecified

On 29 December 2021, the Korean Ministry for Science and ICT (MSIT) allocated KRW 58.6 billion (USD 49 million) in funding to all companies that seek to implement artificial intelligence (AI) in 5 spe...

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State aid, unspecified

On 29 December 2021, the Korean Ministry for Science and ICT (MSIT) allocated KRW 59.9 billion (USD 53 million) in funding to all companies seeking to make cloud technology transitions as part of the ...

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