Defines Hallyu-related products (Article 2)

• This includes products defined under the Basic Act on Agriculture, Rural Communities, and Food Industries (food), the Fisheries and Fishery Products Promotion Act (fishery products), the Cosmetics Act (cosmetics), the Tourism Promotion Act (tourism products provided by tourism businesses), the Traditional Culture Industry Promotion Act (traditional cultural products), and products designated by the Minister of Culture, Sports and Tourism in consultation with relevant central administrative agencies as Hallyu-related products.

Specifies the establishment of a master plan through the Hallyu Policy Council (Article 3).

Establishes provisions for the formation and operation of a multi-ministerial Hallyu Policy Council under the chairmanship of the Minister of Culture, Sports and Tourism to ensure smooth implementation of Hallyu policies and to gather opinions from various sectors during the creation of the master plan (Article 7).

Defines the requirements, procedures, and necessary provisions for the designation and operation of a dedicated agency to professionally support international exchanges and overseas expansion for Hallyu businesses (Article 12).

Establishes provisions for the formation process and activities of associations aimed at promoting the sound development of the Hallyu industry (Article 13).