Party and Government "Focused Investment in Carbon Dioxide Capture and Satellite Communication Technology"

Held Practical Party-Government Council Meeting on the Morning of the 25th to Gather Opinions

The government and the ruling party have decided to actively advance carbon dioxide capture and utilization technology and promote satellite communication.

Minister Lee Jong-ho of the Ministry of Science and ICT is speaking at the Working-Level Party-Government Meeting for CCU Technology Advancement and Satellite Communication Activation held at the National Assembly Members' Office Building on the 25th.
[Photo by Yonhap News]

On the morning of the 25th, the Ministry of Science and ICT announced that Minister Lee Jong-ho and other key officials held a working-level government-party consultation meeting with Park Seong-jung, a member of the People Power Party (PPP) and the ranking member of the Science, ICT, Broadcasting and Communications Committee, to discuss these matters.

At the meeting, the government and the party agreed to prioritize carbon dioxide capture and utilization (CCU) technology as the only post-greenhouse gas reduction technology, requiring focused investment. They decided to strengthen research and development (R&D) support to elevate the technology to the level of advanced countries. Additionally, they plan to promote large-scale projects linked to regions and industries to facilitate widespread industrial application. To consolidate research capabilities, they will designate key research laboratories in the CCU technology field and establish and operate a Carbon Neutral Technology Support Group, enhancing cooperation between the private and public sectors. They also reached a consensus on the need not only for technology development but also for technology and corporate certification and recognition of greenhouse gas reduction amounts to commercialize CCU products, agreeing to improve related laws and systems. Based on the discussions, the Ministry of Science and ICT will establish and finalize a strategy in the second half of the year. The ruling party pledged to actively support budget allocation for related projects to ensure the successful implementation of the strategy.

Ruling party Science and ICT Committee floor leader Park Seong-jung of the People Power Party and Lee Jong-ho, Minister of Science and ICT, are exchanging greetings at the working-level party-government meeting for CCU technology advancement and satellite communication activation held at the National Assembly Members' Office Building on the 25th.
[Photo by Yonhap News]

They also agreed on strengthening competitiveness in satellite communication technology and establishing a service foundation. The government will enhance R&D to raise the competitiveness of the domestic satellite communication sector to the level of advanced countries and help domestic companies enter the global market. Efforts will also be made to train specialized personnel and secure satellite networks, which are national radio resources. From the perspective of improving public convenience, they will review institutional improvements for the introduction of satellite communication services and promote the establishment of a foundation that allows stable use of services without radio interference between different services or satellite services. However, the government and the party noted that given the current conditions, it is difficult to launch low Earth orbit communication satellites led by domestic companies in the short term, and thus, they agreed on the need to review the feasibility of domestic self-reliance in low Earth orbit satellite communication networks and to continue discussions in the future.

The Ministry of Science and ICT stated, "Based on today’s discussions, we plan to publicly disclose the strategy in the second half of this year after gathering opinions and making improvements," and added, "The ruling party will actively support budget allocation for related projects to ensure the successful implementation of the strategy."

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