South Korea is set to invest $37 million in collaborative research and development initiatives with the Czech Republic over the next ten years, as announced by President Yoon Suk Yeol's office. Park Sang-ook, the senior presidential secretary for science and technology, revealed in Prague that this funding represents a significant increase compared to the previous R&D budget levels from 1995 to 2015. The allocated funds will support joint projects between Seoul and Prague in various sectors such as biotechnology, chemicals, aviation, space, atomic energy, artificial intelligence, and digital and quantum technology. The focus of the joint initiatives is expected to shift towards artificial intelligence, nuclear energy, and hydrogen, although specific spending allocations for each field are yet to be determined by Seoul. The Czech government is anticipated to align its budget spending with South Korea's, although the exact details of the Czech counterpart's financial commitment to the collaborative science projects remain unspecified. This plan was discussed during a working lunch between President Yoon and Czech Prime Minister Petr Fiala at Liechtenstein Palace in Prague, where Park also mentioned the revival of regular high-level dialogues for science and technology between Seoul and Prague, with the last one occurring in 2015.