[Courtesy of Ministry of Science and ICT]
South Korea will join Horizon Europe, opening a path for the country’s researchers to receive direct funding from the European Union (EU)’s research and innovation program.
The Ministry of Science and ICT announced Monday that Korea officially completed negotiations for its membership as an associated country in Horizon Europe. It will become the first country in Asia to hold the title and will also be the third non-European country to join the program after New Zealand and Canada.
Horizon Europe is an R&D selection, evaluation, project management, and settlement system operated by the EU to avoid duplicate investments among member countries and to innovate the R&D environment in Europe. It will provide a total of 95.5 billion euros ($103.5 billion) over seven years from 2021 to 2027, the largest in the EU as well as globally.
Once Korea joins Horizon Europe, the country’s researchers can now directly use the research funds of Horizon Europe. Previously, Korean researchers could not directly participate in Horizon Europe projects and could only participate as partner institutions of researchers from other member or associated countries. With membership of Horizon Europe in hand, Korean researchers can now participate as coordinating or participating institutions on par with researchers from EU member countries. They can also receive research funding benefits directly from the Horizon Europe budget without going through a separate selection and evaluation processes.
Korea will become an associated country starting from 2025, with the Ministry of Science and ICT planning to finalize the agreement process the year before.
By Ko Jae-won and Lee Eun-joo
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