Republic of Korea: Financial incentive in partial amendment to Basic Act on Advancement of Artificial Intelligence and Establishment of Trust-Based Framework (Bill No. 2209732)
Progress
Current status
under deliberation
11 Apr 2025 under deliberation
Scope
Implementers
Republic of Korea
Policy Area
Foreign direct investment
Policy Instrument
MNE: Financial incentive
Regulated Economic Activity
ML and AI development
infrastructure provider: cloud computing, storage and databases
Government Branch
legislature
Government Body
parliament
Implementation Level
national
Timeline of events
Partial amendment to Basic Act on Advancement of Artificial Intelligence and Establishment of Trust-Based Framework (Bill No. 2209732) including financial incentive was introduced to National Assembly
On 11 April 2025, a partial amendment to the Basic Act on the Advancement of Artificial Intelligence and the Establishment of a Trust-Based Framework (Bill No. 2209732) was introduced to the National Assembly of the Republic of Korea. The proposed a…
Event type
law
Action type
introduction
Government branch
legislature
Government body
parliament