Minister Yusangim of MSIT: "Promoting Legal and Institutional Improvements for International Cooperation"

K-Science & Technology Global Forum on the 11th
"International Cooperation R&D in Science and Technology Expanded by 1.8 Trillion Won"

Minister Yoo Sang-im of the Ministry of Science and ICT stated, "The government plans to announce a science and technology diplomacy initiative and promote the improvement of legal systems to facilitate international cooperation."

On the morning of the 11th, Yoo Sang-im, Minister of Science and ICT, delivered the opening remarks at the '2024 K-Science & Technology Global Forum' held at the Fairmont Ambassador Hotel in Yeouido, Seoul. Photo by Hwang Seo-yul chestnut@

On the morning of the 11th, at the opening ceremony of the '2024 K-Science & Technology Global Forum' held at the Fairmont Ambassador Hotel in Yeouido, Seoul, Minister Yoo conveyed this message. He added, "The government has expanded investment in technology and research and development (R&D) to about 1.8 trillion won in the mid to long term to create a public-private joint ecosystem for international science and technology cooperation."

Minister Yoo said, "An unprecedented wave of scientific and technological innovation is emerging worldwide," and added, "Due to the remarkable advancements in cutting-edge technologies such as artificial intelligence (AI), biotechnology, and quantum technology, the existing economic, diplomatic, and security landscapes are completely changing, and human life is expected to fundamentally transform."

He continued, "The Republic of Korea is making every effort to leap forward as a global hub for science and technology," and added, "We have discussed national science and technology cooperation through regional activities in the United States, Europe, Africa, and Asia, as well as international events such as the AI Summit, and are promoting international joint projects with top researchers."

He stated, "Science and technology have become a universal language connecting the entire world," and said, "Korea will cooperate with countries around the world and sometimes compete, emerging as a science and technology hub."

In his congratulatory remarks, Choi Hyung-doo, a member of the People Power Party and the ruling party's secretary of the National Assembly's Science, Technology, Information and Broadcasting Committee, said that the National Assembly will also strive to support the development of science and technology. Representative Choi emphasized, "It is regrettable that the budget increase was passed without consultation as the majority party (opposition) reduced the budget without any increase amid sudden impeachment discussions," and added, "Although we are a minority party, we will negotiate."

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