Global Trade Alert
Global Trade Alert

Republic of Korea: Amendment to Enforcement Decree of the Foreign Investment Promotion Act to cover national high-tech strategic technologies

Announcement

27 Aug 2024

In August 2024, the South Korean government announced amendments to the Enforcement Decree of the Foreign Investment Promotion Act, according to which foreign investments in Korean firms with national high-tech strategic technologies will be subject to national security screening. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Aug 2024

Revocation date:

No revocation date

Updated: 27 Aug 2024
FDI: Entry and ownership rule In force

On 27 August 2024, the South Korean government announced amendments to the Enforcement Decree of the Foreign Investment Promotion Act. Among other amendments, foreign investments in Korea...

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