Georgia and South Korea will create a $1 million AI cooperation center

A three-year project will combine digital governance, artificial intelligence, and financial technologies

Georgia and South Korea intend to expand cooperation in artificial intelligence, digital governance, and financial technologies. This was stated by South Korean Ambassador to Georgia Hyun Doo Kim at the bilateral economic cooperation forum held on October 22 in Tbilisi. According to him, the partnership is at an initial stage, and further development will require knowledge exchange and a joint search for new solutions.

One of the key projects will be the establishment of the Center for Cooperation in AI and Digital Governance. The initiative is designed for three years, with a budget of $1 million, and will be implemented by the governments of both countries. The center will facilitate the exchange of best practices, the implementation of innovations, and the improvement of public services. In addition, last month, Georgian Minister of Justice Paata Salia visited South Korea, where the parties signed a memorandum on cooperation in digital governance.

Image source: bizzone.info

A separate area is cooperation between the central banks within the framework of the KPP knowledge sharing program. Last year, the parties studied the development of cashless payments in Georgia, and in 2026 focused on open banking and open finance. According to Hyun Doo Kim, the bilateral dialogue should help identify new opportunities for public-private sector cooperation, strengthen professional ties, and build a long-term partnership.