South Korea to foster webtoon platforms

South Korea's Culture Ministry plans to foster world-class webtoon platforms amid a surge in demand for domestic webtoon market. The government will also help foster creative talent and increase budget to support translation and interpretation services to help expand global reach.
According to the Minister of Culture, Sports and Tourism, it will also clamp down on illegal webtoons and even create an international awards ceremony. The government aims to grow the comic and webtoon sector to worth of around 2.9 billion dollars and double its exports to 250 million dollars by the year 2027.