The Information and Communications Convergence Act Passed in the Plenary Session... Jo Seung-rae: "Completion of the ICT Regulatory Sandbox"

Mobile Electronic Notifications, Food Trucks, Shared Kitchens, and More
Opening the Way for Innovation Technology and Business Revitalization

[Asia Economy Reporter Cha Min-young] On the 30th, Jo Seung-rae, a member of the Democratic Party of Korea, announced that the ICT Regulatory Sandbox Improvement Act, which he co-sponsored, has passed the plenary session of the National Assembly.

The Information and Communications Convergence Act (Special Act on Promotion and Activation of Information and Communications Convergence, etc.), which passed the plenary session, includes provisions allowing businesses to request legislative revisions before the expiration of the demonstration exemption period and establishing grounds to convert the demonstration exemption into a temporary permit if there are no safety issues.

Going forward, the government will verify the safety of demonstration projects early and promptly proceed with legislative revisions, while businesses will be relieved of concerns about project suspension due to delays in legislative amendments, which is expected to activate investment in innovative products and services in the ICT sector. This is expected to open the way for the activation of innovative technologies and companies such as mobile electronic notifications, food trucks, and shared kitchens.

Representative Jo Seung-rae said, “The Democratic Party’s efforts for regulatory innovation to promote appropriate regulation and technological development have borne fruit,” adding, “I will do my best to ensure that the Republic of Korea, Daejeon City, and Yuseong-gu can play a leading role in the future.”

This content was produced with the assistance of AI translation services.