Republic of Korea: 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

Description

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…

Scope

Policy Area
Foreign direct investment
Policy Instrument
MNE: Financial incentive
Regulated Economic Activity
ML and AI development, infrastructure provider: cloud computing, storage and databases
Implementation Level
national
Government Branch
legislature
Government Body
parliament

Complete timeline of this policy change

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2025-04-11
under deliberation

On 11 April 2025, a partial amendment to the Basic Act on the Advancement of Artificial Intelligenc…