Minister of trade korea. Feb 14, 2024 · Joint Press Release.

Minister of trade korea 5 billion (up 2. 17 (Yonhap) -- Industry Minister nominee Ahn Duk-geun is the current trade minister of South Korea who has knowledge and experience in international trade. Sep 11, 2024 · Now in its third year, the Korea-U. [1] [2] The ministry was established in 2014 when its predecessor, the Ministry of Foreign Trade, fused with the Joint Venture Investment Committee and the State Economic Development Commission to revive the ministry that had been marred by economic sanctions against North Jun 7, 2024 · Trade, Industry and Energy Minister Dukgeun Ahn and Minister for Trade Inkyo Cheong both held numerous talks with African counterparts on the sidelines of the Korea-Africa Summit 2024 to discuss measures for wider cooperation in trade, investment, resources, supply chains, and digital. He is dedicated to supporting companies in expanding exports and enhancing the competitiveness of future industries. 1 billion (up 12. The initiative aims to decarbonize corporate power usage and achieve carbon neutrality in industrial processes, with support from eight countries, including the U. 1 billion and the trade balance stood at a surplus of $4. She was also in charge of the working group during the South Korea-U. February 13, 2024 Carbon Free Energy Initiative Roundtable Meeting in the IEA Ministerial Meeting Several countries and institutions including Canada, Japan, Kingdom of the Netherlands, Republic of Korea (ROK), United Kingdom, and International Energy Agency (IEA) attended the Carbon Free Energy Initiative Roundtable Meeting in Paris on February 13, held on the sidelines The Ministry of Trade, Industry and Energy (MOTIE; Korean: 산업통상자원부; Hanja: 産業通商資源部) is a ministry under the Government of South Korea. 0 Roundtable on July 19 at the Seoul Biohub and discussed the bio industry’s future development direction and strategy with industry representatives and other related persons. 6 billion (up 5. Secretary of Energy, the U. -Asia Institute (USAI) today and discussed measures for wider bilateral trade and deeper cooperation in bio and other advanced industries. Dec 20, 2023 · The Korean government held the sixth Hydrogen Economy Committee meeting on December 18 at the Lotte Hotel Seoul, chaired by Prime Minister Han Duck-soo, to announce major policies for accelerating the transition to a clean hydrogen ecosystem and nurturing the hydrogen industry. Flag of the President of South Korea. 9 billion and the trade balance stood at a surplus of $3. and concentrate policy endeavors on prioritizing support for Korean firms’ smooth business management, ensuring that industries will be promptly updated on related information and that Yeo Han-koo (Korean: 여한구; Hanja: 呂翰九, born 14 November 1969) is the former Minister for Trade of South Korea served under President Moon Jae-in from 2021 to 2022. alliance, the Korean government plans to strengthen industrial and trade cooperation with the U. Secretary of Commerce Gina Raimondo; Japanese Minister of Economy, Trade, and Industry Saito Ken; and Republic of Korea (ROK) Minister of Trade, Industry, and Energy Ahn Duk-geun met in Washington today for the inaugural meeting of Commerce and Industry Ministers. Jan 2, 2025 · The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced on January 1, 2025, that Korea’s annual exports for the year of 2024 amounted to an all-time high USD 683. Industry minister Ahn The Ministry of Trade, Industry and Energy (MOTIE) was established at the birth of the Republic of Korea (ROK) in 1948 as the Ministry of Trade and Industry with the mission to coordinate the Dec 13, 2021 · On December 10, Korea announced the ｢Carbon Neutrality Vision and Strategy for Industry and Energy｣, Korea’s first comprehensive strategy to achieve carbon neutrality in the industry and energy sectors which account for more than 70 percent of total carbon emissions. Caption: Second Minister for Trade and Industry Dr Tan See Leng and the Republic of Korea (ROK) Minister for Trade Dukgeun Ahn also signed a Mar 18, 2024 · Trade, Industry and Energy Ministry's Deputy Minister for FTA Negotiations Roh Keon-ki attended the Indo-Pacific Economic Framework for Prosperity (IPEF) ministerial meeting on March 14 via videoconferencing. To this end, the Agreement on Trade in Services and The Agreement on Investment were negotiated and signed on 26 February 2015 and entered into force on 1 August 2018. Feb 21, 2024 · Today, Secretary of Commerce Gina Raimondo spoke with the Republic of Korea Minister of Trade Cheong In-kyo. Oct 31, 2024 · Minister Ahn highlighted that based on the solid Korea-U. Oct 17, 2024 · Minister for Trade Inkyo Cheong of the Republic of Korea chaired the 40th Trade Promotion Committee meeting on October 17 at the Korea Chamber of Commerce and Industry (KCCI) in Seoul and led discussions on key agenda items and plans regarding the Trade Policy Roadmap implementation, upcoming U. The Secretary congratulated Minister Cheong on his appointment as Minister of Trade for the Ministry of Trade, Industry and Energy. He is also focused on successfully completing major projects such as securing contracts for nuclear power plant construction in the Czech Republic and developing oil and gas fields in In particular, she served as Korea’s first female trade minister from February 2019 to August 2021. Korea & U. 6 billion set in 2022. Ahn Duk-geun, Minister for Trade, Ministry of Trade, Industry and Energy of Korea (July 3, 2023) The 2nd Japan-Korea Energy 4 days ago · "Korea and the U. Nov 11, 2024 · Director General for FTA Negotiations Kwon Hye-jin at the Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea is heading the Korean delegation in the third official round of negotiations for an upgraded Korea-UK Free Trade Agreement (FTA) through November 11–14 in Seoul. Annual trade summary for 2024 Korean government makes last spurt backing chip exports & investment for 2024 MOTIE to safeguard export growth & trade surplus until year-end Foreign investment hits record high $33 bln in 2024! President, Korean Association of Trade and Industry Studies, 2010-2012; Nonexecutive Director, Korea Trade-Investment Promotion Agency (KOTRA), 2009-2012; Professor, Department of International Trade of Inha University, 2004-present; Research Fellow, Korea Institute for International Economic Policy (KIEP), 1996- 2004; Selected Public Appointment The Ministry of Trade, Industry and Energy (MOTIE; Korean: 산업통상자원부; Hanja: 産業通商資源部) is a ministry under the Government of South Korea. 9 percent year-on-year to USD 57. Korea’s ICT Exports Surpass $20 Bln for 4th Consecutive Month Minister Ahn discusses Korea-U. 3 billion. The trade balance stood at a surplus of $5. - Today, U. The International Trade Administration, U. industry, and ensuring fair trade and compliance with trade laws and agreements. 8 percent year-on-year to USD 52. Dec 17, 2023 · President Yoon Suk Yeol tapped Minister for Trade Ahn Duk-geun as new head of the Ministry Trade, Industry and Energy on Sunday. Ministry of Knowledge Economy. A shining beacon for investment in global trade! Korean Free Trade Zones Mar 4, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) announced on March 4 that Korea’s Foreign Affairs Vice Minister Kang Insun and MOTIE's Resources Industry Policy Director General Peob-min Ryu attended the Minerals Security Partnership (MSP) Chief Delegates Meeting, chaired by the Under Secretary of State for Economic Growth, Energy, and the Environment Jose Fernandez, on March 3 in Toronto The Ministiy of Trade, Industay and Energy (MOTIE) of the Republic of Korea and the Ministry of Trade and Industry (MTI) of the Republic of Singapore (hereinafter referred to collectively as "the Participants" and singularly as "the Participant"); Nov 15, 2023 · The Ministry of Trade, Industry and Energy (MOTIE) announced the “K-Shipbuilding Strategy for Next-Generation Market Dominance” on November 15 at the emergency economy ministerial meeting and the exports and investment promotion meeting. 5 billion secured in 2015. , Ministry of Foreign Affairs, 2019-2022 Director General for Industrial Policy, Ministry of Trade, Industry and Energy, 2018-2019 Director General for Energy Policy, Ministry of Trade, Industry and Energy, 2017-2018 In effect since September 1, 2006 (Iceland, Liechtenstein, Norway and Switzerland) Free trade agreement. market. Mar 28, 2022 · As a responsible member of the international community, Korea has decided to apply sanctions against the two countries at a level similar to those introduced by the U. 2 days ago · Minister for Trade, Industry and Energy Dukgeun Ahn of the Republic of Korea visited the state of Georgia and Washington, D. Apr 1, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) announced on April 1 that Korea’s export value for March 2024 increased 3. -Japan trilateral industry ministers’ meeting on June 26 in Washington D. Apr 9, 2024 · Trade, Industry and Energy Minister Dukgeun Ahn attended a meeting chaired by President Yoon Suk Yeol on April 9 at the Office of the President in Yongsan, Seoul, held for discussions on global chip supply chain risk factors in view of the recent earthquake in Taiwan, and for President Yoon to first-handedly assess the measures for the swift establishment of semiconductor mega clusters. 4 billion. A ministry of trade and industry, ministry of commerce, North Korea: Ministry of Commerce [1] Ministry of External Economic Relations [2] Norway: Oct 15, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea is making effort to reinforce liquefied natural gas (LNG) supply chain cooperation with other countries in response to volatility risks in the global energy market with aim to stabilize the domestic natural gas supply. Korea Trade Commission Electricity Regulatory Commission Korean Agency for Technology and Standards Free Trade Zone Office Mining Registration Office Planning Office of Free Economic Zone; Mining Safety Office 4 days ago · Korea’s plant project bid wins surpass $30 bln for 2nd year running . Skip to collection list Skip to video grid Oct 7, 2024 · Minister of Industry, Trade and Energy Ahn Duk-geun speaks during a parliamentary audit at the National Assembly in western Seoul on Monday. 1 percent to $48. Jun 18, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) and Korea Radioactive Waste Agency (KORAD) are calling for site proposals for underground facilities for high-level radioactive waste research beginning June 18 in accordance with the radioactive waste management technology development measures specified in the Korean government’s second high-level radioactive waste management basic plan Mar 14, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) and the U. on January 6 to January 9. Secretary Raimondo congratulated Minister Ahn on his recent appointment as Minister and noted that she looks forward to working with him in his new role. Dec 17, 2023 · SEOUL, Dec. It is concerned with regulating economic policy, especially with regard to the industrial and energy sectors. Established the Ministry of Knowledge Economy by integrating the functions of various ministries, such as industry, trade investment, energy policies of the Ministry of Commerce, Industry and Energy, IT policies and postal services of the Ministry of Information and Communication, industrial technology R&D policies of the Ministry of Science and Technology The current minister is Kim Yong-jae and the vice minister O Ryong-chol. Sep 27, 2024 · Minister Nishimura Holds Meeting with H. Minister for Trade Inkyo Cheong, on the occasion of attending the Asia-Pacific Economic Cooperation (APEC) trade ministers’ meeting through May 17-18, visited Atlanta, U. net : The official website of the Republic of Korea Apr 11, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) announced on April 11 that Korea’s automobile exports hit all-time highs of USD 17. Sep 25, 2024 · Ahn Duk-geun is the Minister of Trade, Industry and Energy. FDI arrivals added up to $14. Department of Commerce, manages this global trade site to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U. to promote bilateral cooperation 2025-01-06; Largest integrated Korean pavilion to showcase at CES 2025 2025-01-02; Korea’s annual exports reach new highs in 2024 2025-01-02 Dec 23, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea entered into a Green Economy Partnership Arrangement (Green EPA) with Australia’s Department of Climate Change, Energy, the Environment and Water (DCCEEW), Department of Foreign Affairs and Trade (DFAT), and Department of Industry Science and Resources (DISR) on December 20 with aim to widen trade and investment in Sep 24, 2024 · Korea’s Minister for Trade Inkyo Cheong attended the Indo-Pacific Economic Framework for Prosperity (IPEF) ministers’ virtual meeting today and examined IPEF Agreements’ outcomes with the 14 IPEF partner countries and discussed future plans. Dec 19, 2024 · Korea and Middle East to keep strengthening trade & industry cooperation network in 2025 . Overview of the textiles and apparel industry. Unfair Trade Practice. Feb 14, 2024 · Joint Press Release. 2008. Minister-Counselor, Embassy of the Republic of Korea in the U. [YONHAP] Industry Minister Ahn Duk-geun said Monday the government will achieve record exports this year to spur the overall growth momentum and recover people's livelihoods. economic cooperation with NGA Vice Chair Oklahoma governor Expanding AI application in energy industries to enhance data accessibility Power grid industry to rise as Korea’s next energy export growth engine Dec 19, 2024 · Korea’s plant project bid wins surpass $30 bln for 2nd year running . Republic of Korea (ROK) Minister for Trade Dukgeun Ahn signed the Korea-Singapore Digital Partnership Agreement (KSDPA) in Singapore today. on the 7 th to 8 th of August. 9 and 11. May 7, 2024 · Trade, Industry and Energy Minister Dukgeun Ahn held a meeting with 10 reshored companies on May 7 to discuss support measures, where he announced the ministry’s “Reshoring Company Support Strategy 2. C. Supply Chain and Commercial Dialogue Healthcare Working Group meeting on March 14 via videoconferencing. Jun 12, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) gave a briefing on the World Climate Industry Expo 2024 (WCE 2024) to the foreign embassies in Korea on June 12 in Seoul and explained the expo’s main programs and the need for utilizing carbon-free energy sources. Nov 7, 2024 · The Korean Agency for Technology and Standards (KATS) under the Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea launched the fourth Standards Leadership Forum on the high-tech industry today in Seoul with the participation of International Electrotechnical Commission (IEC) President Jo Cops, Korea’s chief technology officers (CTOs) and other standards leaders. Previously, she was deputy trade minister, director general of the trade policy bureau, and director general for free trade agreement (FTA) negotiations at the Ministry of Trade, Industry and Energy from 2015 to 2019. 5 billion, the second highest in record for the month. Anyone who discovers unfair intern-ational trade practices and can present concrete information and evidence. Aug 20, 2024 · Trade, Industry and Energy Minister Dukgeun Ahn chaired the Super Supplier Project Conference on August 20 at EO Technics in Anyang, where he announced the Korean government’s measures for nurturing materials, parts, and equipment (MPE) companies into “Super Suppliers” that are capable of wielding absolute dominance over the global supply chain. South Korea’s Ministry of Trade, Industry and Energy (MOTIE) announced plans to expand carbon-free energy (CFE) supply to boost export competitiveness and meet global carbon regulations. Both Secretary Raimondo and Minister Bang are participating in the Asia-Pacific Economic Cooperation (APEC) forum in San Francisco. 5%, renewable energy 21. The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced today that Korean companies won a total of USD 34. Apr 18, 2024 · Deputy Minister for Energy Policy Lee Ho-hyeon visited the Korea Energy Terminal (KET) located in Ulsan on April 18 for reception of the first shipment of petroleum products and toured the construction site. business lobby group in Korea on Wednesday amid lingering political turmoil. through June 24–28 on the occasion of attending the first Korea-U. She was the first woman to hold the position Aug 26, 2024 · Meanwhile, Trade Minister Cheong introduced the ministry’s plan to launch the Korea-ASEAN Trade and Economic Think Tank Dialogue, a platform for engaging think tank experts of Korea and ASEAN countries in discussions on policies for ASEAN’s economic development and requested strong support and participation from ERIA in view of its rich Dispatched to Korea Trade Center at Silicon Valley, U. Sep 5, 2023 · In support of this Master Plan the Ministry of Trade Industry and Energy (MOTIE) recently announced a “10th Basic Plan on Electricity Supply and Demand” (January 2023), which will focus South Korea’s 2030 energy mix towards greater use of clean energy (nuclear power 32. 1 percent year-on-year to USD 56. -Japan trilateral 2 days ago · This is the website of the Ministry of Trade, Industry and Energy, which is in charge of the real economy that dynamically grows our economy 30118, Republic of South Korea’s Ministry of Trade, Industry and Energy (MOTIE) announced that the Indo-Pacific Economic Framework (IPEF) Supply Chain Agreement, a U. S. Sep 10, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced today the launching of the fifth official negotiating round for the Korea-EU Digital Trade Agreement (DTA) through September 10–12 in Brussels, Belgium, led by both sides’ government delegations. Economic Security Conference 2024 is an event hosted by the Korea Strategic Trade Institute (KOSTI) and sponsored by the Ministry of Trade, Industry and Energy (MOTIE) where Korea and U. During their meeting, Secretary Raimondo congratulated Minister Lee on his new role, which began on May 12, 2022. Sep 7, 2021 · She has held various posts during her 30-year career in public service, including deputy industry minister for free trade agreement (FTA) negotiations. Minister Ahn visits U. Imports grew 10. ). Mr. As Deputy Minister for FTA Negotiations, and later Director-General for Bureau of Trade Policy at the Ministry of Trade, Industry, and Energy, Yoo Myung-hee has been at the forefront of numerous high-profile trade agreements, including the 2018 US-Korea Free Trade Agreement (KORUS) and the 2019 Regional Comprehensive Economic Partnership. 4 days ago · The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced today that Korea won a place among the new Global Innovation Champions this year at the Consumer Electrics Show (CES) 2025 currently in full swing in Las Vegas, U. Sep 24, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) announced today that Korea’s retail industry advanced 9. Co-hosted by the Korea International Trade Association (KITA) and Business Sweden, the Summit was first launched in 2019 following the two countries’ mutual state visits and convenes on an annual basis to promote bilateral economic cooperation. 0% in November . The Ministry of Trade, Industry and Energy (MOTIE) is one of Korea’s major government agencies when it comes to real economy. Feb 27, 2024 · On Monday evening, U. 7 percent year-on-year) in plant projects during 2024, the highest in nine years since the $36. Minister for Trade, Industry and Energy Dukgeun Ahn of the Republic of Korea attended the 14th Nuclear Safety and Promotion Day ceremony on December 26 in Seoul and awarded government commendations and visited the companies’ recruitment booths. Oct 15, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced today the launching of Boom-Up Korea Week 2024 (“Boom-Up”) from October 16–31, during which invited buyers from around the world will be visiting Korea to strike business deals with prospective companies. About Free Trade Zone. Secretary of Commerce Gina Raimondo met with Minister of Trade, Industry and Energy of the Republic of Korea Bang Moon-Kyu. Trade Representative (USTR), the Governor of Georgia, state legislators, federal senators and representatives Apr 28, 2023 · The Ministry of Trade, Industry and Energy (MOTIE) announced on April 27 that South Korean President Yoon Suk-yeol and U. 2 billion, while imports dropped 2. Nov 11, 2024 · The Korea Trade-Investment Promotion Agency (Kotra) appointed Kang Kyung-sung, former vice minister of trade, industry and energy, to head the state-backed organization dedicated to promoting Korea’s trade and investment. Mar 4, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) announced on March 1 that Korea’s export value for February 2024 increased 4. Dec 23, 2024 · Korea’s retail industry rises 8. May 3, 2024 · With a Dutch green bio company, Trade Minister Cheong discussed the company’s decision to establish a manufacturing plant in Korea and expressed his hopes for the investment to serve as an important milestone in Korea’s green bio industrial growth, viewing that local job creation and exports will substantially contribute to the Korean economy. [1] He previously served as the 2nd Deputy Minister for Government Policy Coordination from 2020 to 2021, the Deputy Governor of South Gyeongsang from 2018 to 2020, and the Deputy Minister of Defence Acquisition Programme Administration from 4 days ago · The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced today that Korean companies won a total of USD 34. discuss stronger economic cooperation Trade Minister Cheong attends 35th AMM Korea revving up design industry with AI Korea and Peru ink critical minerals supply chain cooperation MOU Graphic News previous slide Graphic News next slide Graphic News more view Feb 29, 2024 · Trade, Industry and Energy Minister Dukgeun Ahn chaired the 49 th Industrial Technology Protection Committee (“Committee”) meeting on February 29 in Seoul and led the deliberation and resolution on proposed amendments concerning 31 national core technologies in semiconductors, automobiles, railway transport, steel, nuclear power plants and other sectors for incorporation of new technology Oct 29, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) and the Ministry of Science and ICT (MSIT) of the Republic of Korea hosted a technical exchange for the Next-Generation Intelligent Semiconductor Technology Development Project (“Project”) from October 28–29 on Jeju Island to promote sharing of research outcomes and latest technology trends. May 21, 2022 · Yesterday, Secretary Raimondo met with Korean Minister of Trade, Industry and Energy Lee Chang-Yang. Ahn Duk-geun (Korean: 안덕근; born 21 April 1968) is a South Korean Minister of Trade, Industry and Energy. 7 percent year-on-year), surpassing the previous high of 2023. K. economic delegation led by the U. PDF Download Minister for Trade, Minister of Trade, Industry and Energy, 2022-2024 Chairperson, Civilian Advisory Committee on Commercial Negotiations, Ministry of Trade, Industry and Energy, 2022 – 2022 Commissioner, Korea Trade Commission, 2013-2019 Korea named Global Innovation Champion at CES 2025 2025-01-08; Korea’s plant project bid wins surpass $30 bln for 2nd year running 2025-01-07; FDI pledges to Korea reach historic high in 2024 2025-01-07; Minister Ahn visits U. The ministry also works to encourage foreign investment in Korea. in 2023," said First Vice Industry Minister Park Sung-taek. During his visit, he held meetings with the U. Jul 9, 2024 · Deputy Minister Roh stated that while the two countries have already established trade agreements through the Korea-ASEAN Free Trade Agreement (FTA) and the Regional Comprehensive Economic Partnership (RCEP), the level of their trade and economic cooperation has room for improvement, highlighting that a bilateral EPA catered to both countries Mar 7, 2024 · Director General for International Trade Policy Yoon Chang-hyun at the Ministry of Trade, Industry and Energy (MOTIE) met with Maria Rosander, Director General at Sweden’s Ministry of Climate and Enterprise and Secretariat for the European Union (EU) and International Affairs, on March 7 via teleconferencing to hold the second Korea-Sweden Industrial Cooperation Committee meeting to discuss Sep 6, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) announced on September 5 the launching of the Korea AI and System IC Innovation Center (K-ASIC) in San Hose, California, which will serve as a hub for supporting Korea’s system semiconductor companies’ entry into the U. President Joe Biden agreed to launch a large-scale youth exchange between the two countries in high-tech and science technology. -led initiative involving 14 member nations, took effect on April 17. The two countries will also further coordination on the Korea-U. to promote bilateral cooperation 2025-01-06 The Ministry of Trade, Industry and Energy (MOTIE) is one of Korea’s major government agencies when it comes to real economy. presidential elections, and bilateral Supply Chain Partnership Arrangements (SCPAs). 0 percent year-on-year for the month of November 2024, with offline and online sales advancing 3. Oct 30, 2024 · Deputy Minister for Trade Park Jong-won at the Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea met the U. 7 percent year-on-year) for the first quarter of 2024 (January-March in acc. Imports decreased 12. (May 14-15), to meet with Korean companies operating in the U. MOTIE's monthly retail sales figures are based on surveys of 23 major retailers. 8 percent, respectively. The 55-year-old earned his bachelor's degree in international economics at Seoul National University in 1990 and earned a doctoral degree at the University of Michigan in 1996. It plays a vital role in achieving industrial growth, increasing exports, boosting international trade, and expanding the scope of international cooperation, thereby strengthening the competitiveness of the Korean businesses and ultimately boosting the growth of the May 24, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) announced on May 24 that Korea is launching the world’s first clean hydrogen power bidding market. 6 billion. Feb 20, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) announced on February 20 that the amended 33rd Public Notice on Trade of Strategic Items with an extended list of items subject to export control against Russia and Belarus will take effect starting February 24. Sejong City intra-city bus numbers 430,530,550,551,601,and 602. 3 billion and the trade balance stood at a surplus of $4. 7 percent year-on-year to USD 58. The Korea Trade Commission may undertake an Ex officio investigation, if necessary, when there is a reasonable suspicion of unfair international trade practices. ’ public-private experts gather to seek opportunities for joint response to changes across the global economic Nov 15, 2024 · Minister for Trade Inkyo Cheong and Minister of Foreign Affairs Cho Tae-yul of the Republic of Korea attended the 35th Asia-Pacific Economic Cooperation (APEC) Ministerial Meeting (AMM) on November 14 in Lima, Peru. 8 billion (down 24. It plays a vital role in achieving industrial growth, increasing exports, boosting international trade, and expanding the scope of international cooperation, thereby strengthening the competitiveness of the Korean businesses and ultimately boosting the growth of the Feb 27, 2023 · The government hopes to cut dependency on China in critical minerals, from the current 80 percent level to 50 percent by 2030. 1 day ago · Jan. . 7%, LNG 22. 4%, coal 19. 5 percent to $53. Jul 17, 2024 · The deputy minister also met with a government representative of Brazil, which holds this year’s G20 presidency, and discussed the Korea-Brazil Trade and Investment Promotion Framework (TIPF) implementation, Korea’s preparations for Asia Pacific Economic Cooperation (APEC) chairmanship in 2025, and both bilateral and multilateral measures Sep 27, 2024 · Trade Minister Cheong In-kyo met his Chinese counterpart and agreed to begin talks on services and investment under a bilateral trade deal this year, officials said Friday. FTA negotiations from 2005-2007. Trade minister Cheong In-kyo convened the first “New Trade Round Table” meeting of the year to discuss strategies for leveraging the agreement to strengthen […] Aug 13, 2024 · Trade, Industry and Energy Minister Dukgeun Ahn held a conference on August 13 at the Textile Center in Seoul with Korea’s textile and fashion companies and relevant experts, where he announced the Textile and Fashion Industry Competitiveness Strategy (“Strategy”) and discussed industry issues and future directions. Minister for Trade, Minister of Trade, Industry and Energy, 2022-2024; Chairperson, Civilian Advisory Committee on Commercial Negotiations, Ministry of Trade, Industry and Energy, 2022 – 2022; Commissioner, Korea Trade Commission, 2013-2019; Member, Committee for International Development Cooperation, Prime Minister’s Office, 2014-2016. Nov 10, 2022 · South Korea’s Prime Minister Han Duck-soo presided the fifth meeting of the Hydrogen Economy Commission (hereinafter “Commission”) on November 9 at the Lotte Hotel Seoul to announce the new hydrogen economy policy directions under Korea’s new regime in order to kick the industry’s growth into high gear. Aug 9, 2024 · ROK-US Energy Ministerial Meeting for Clean Energy Cooperation The Korean Minister of Trade, Industry and Energy Ahn Duk-geun met with the US Secretary of Energy Jennifer Granholm at the ROK-US Energy Ministerial Meeting in Washington, D. Department of Commerce Secretary Gina Raimondo and Korean Minister of Trade, Industry, and Energy (MOTIE) Ahn Duk-geun held the second United States-Korea Supply Chain and Commercial Dialogue (SCCD) Ministerial Meeting. Deputy Minister for Trade Park Jong-won of the Republic of Korea chaired the Korea-Middle East Trade and Industry Cooperation Forum (“Forum”) today in Seoul with the participation of over 150 attendees composed of related companies, institutions, and diplomatic delegations from eight Middle Apr 23, 2024 · Furthermore, both sides noted the importance of economic and trade cooperation among Korea, Japan, and China, on which Japan expressed support for Korea’s successful hosting of the 13 th Korea-Japan-China economy and trade ministers’ meeting this year. 2 billion. Jun 24, 2024 · Trade, Industry and Energy Minister Dukgeun Ahn is visiting the U. -China rivalry reshaping the global supply chain. As of 2023, Qatar is Korea’s second largest supplier of liquefied natural gas (LNG). 0 billion. have been developing a mutually beneficial trade relationship, with Korea becoming the biggest investor in the U. , France and Japan. External links to other Internet sites should not Nov 15, 2023 · Today, U. 430: Bugang Bus Stop→Sejong City Hall Annex→Government Complex-Sejong; 530: Janggun Township Office→Sungnam High School→Government Complex-Sejong Oct 7, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) and Korea Hydro & Nuclear Power (KHNP) reached a new milestone with the Philippines today for cooperation in supply chain and nuclear energy with the Filipino Department of Trade and Industry (DTI), Department of Environment and Natural Resources (DENR), and the Department of Energy (DOE) on the margins of Korean President Yoon Suk Yeol’s Feb 28, 2023 · Trade, Industry and Energy Minister Lee Chang-yang presided a conference on February 27 at the Lotte Hotel Seoul to discuss strategies for securing critical minerals and measures to stabilize the supply chain. : Korea. Jun 14, 2024 · Director General for Hydrogen Economy Policy Park Chan-ki and Hiroo Inoue, Director General for Energy Efficiency and Renewable Energy Department at Japan’s Economy, Trade and Industry Ministry (METI), held the first Korea-Japan Hydrogen Cooperation Dialogue meeting on June 14 in Seoul with the participation of eleven related institutions, including Korea’s H2KOREA, Korea Electric Power Aug 1, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) announced on August 1 that Korea’s exports for July 2024 increased 13. Jul 20, 2023 · The Republic of Korea’s Trade, Industry and Energy Minister Lee Chang-yang held the Bio Economy 2. Mar 20, 2024 · Minister for Trade Inkyo Cheong chaired the first meeting of the Public-Private Committee for Korea-Africa Economic Cooperation (“Committee”) on March 20 at Lotte Hotel Seoul as part of efforts to bring forth substantial outcomes through the coming Korea-Africa Summit 2024, slated for June in Seoul. Bang Moon Kyu, Minister of Trade, Industry and Energy, the Republic of Korea (December 4, 2023) Vice-Minister for International Affairs Hirai Holds a Meeting with Mr. Dec 18, 2024 · Minister attends 14th Nuclear Safety and Promotion Day . , Ministry of Knowledge Economy, 2010-2012 Administrative Officer to the Secretary to the President for Knowledge Economy, Office of the President, 2009-2010 5 days ago · The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced today that foreign direct investment (FDI) pledged to Korea in 2024 reached a total of USD 34. 3 percent to $52. May 24, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) announced on May 24 that Korea is launching the world’s first clean hydrogen power bidding market. Oct 24, 2024 · Minister for Trade Inkyo Cheong of the Republic of Korea is attending the G20 Trade Ministerial on October 24 in Brasília, Brazil, as Chief Delegate of the Korean government. 6%, hydrogen and Jun 28, 2024 · WASHINGTON, D. The bidding market is expected to contribute to reducing greenhouse gases (GHGs) through the development of clean hydrogen, while also supplying clean hydrogen at affordable prices through Nov 3, 2023 · Co-hosted by Korea’s Ministry of Trade, Industry and Energy (MOTIE), China’s Ministry of Commerce and Japan’s Kyushu Bureau of Economy, Trade and Industry, the conference was attended by approximately 300 representatives of the three countries’ central and local governments, corporations and economic associations, including Wang Liping Korea and Pakistan on Thursday agreed to begin negotiations for an Economic Partnership Agreement (EPA) aimed at expanding their bilateral trade portfolio, the Ministry of Trade, Industry and Run by the Ministry of Culture, Sports and Tourism, Korea. Jun 26, 2024 · We, U. E. 24, 2013: Ambassador Glyn Davies, Special Representative for North Korea Policy, gives remarks at the Ministry of Foreign Affairs and Trade in Seoul, South Korea. Yoo Myung-hee (Korean: 유명희; Hanja: 兪明希, born 5 June 1967) is a South Korean politician who served as the Minister for Trade of South Korea from 2019 to 2021. 0 percent and 13. market and reviewed the two countries' joint R&D projects in advanced industries and discussed bilateral trade policy measures. to promote bilateral cooperation 2025-01-06; Largest integrated Korean pavilion to showcase at CES 2025 2025-01-02 Minister. Moon Sung-wook (Korean: 문승욱, born 1965) is a South Korean government official served as Minister of Trade, Industry and Energy from 2021 to 2022. Yeo is considered a veteran trade negotiator and technocrat . It is concerned with regulating economic policy, especially with regard to the industrial and energy sectors. He was a professor at the Korea Development Institute's Graduate School of Public Policy and Management. Dec 17, 2023 · Serving as the Yoon Suk Yeol government's first trade minister, Ahn has focused on diversifying South Korea's supply chains amid key trade partners' protectionism policies, such as the United States' Inflation Reduction Act and the European Union's Carbon Border Adjustment Mechanism. The domestic textiles and apparel industry has 44,931 manufacturers (corporations with one or more employees) and 288,953 related companies, including companies in the textile and fashion wholesale/retail and service industries, contributing to the advancement of Korea’s national economy and daily living. and EU, for which the Ministry has revised the “Public Notice on Trade of Strategic Items” to include 57 non-strategic items on the list of catch-all control list. Mar 19, 2024 · Director General for FTA Negotiations Chang Sung-gil at the Ministry of Trade, Industry and Energy (MOTIE) is heading the Korean delegation in the second official round of negotiations for upgrading the Korea-UK Free Trade Agreement (FTA) to be held through March 19-22 in London. The Framework Agreement foresees a comprehensive free trade area among Parties and sets out the structure of the Türkiye-Korea FTA. net as of 2024 is available in 10 languages: Arabic, Chinese, English, French, German, Indonesian, Japanese, Russian, Spanish and Vietnamese. Mar 28, 2024 · Once concluded, the Korea-Thailand EPA is anticipated to: increase bilateral trade in automobiles, EVs, and car parts; create opportunities in construction, manufacturing, and visual and auditory service markets; strengthen economic cooperation in supply chains, bio, and clean economy; and build forward-looking strategic trade relations between Nov 4, 2024 · Minister for Trade, Industry and Energy Dukgeun Ahn of the Republic of Korea met Saad Sherida Al-Kaabi, Qatar’s Minister of Energy and the President and CEO of QatarEnergy, today in Seoul for the Korea-Qatar Energy Ministers’ Meeting. The State Council of the Republic of Korea (Korean: 국무회의; Hanja: 國務會議; RR: Gungmuhoeui) is the chief executive body and national cabinet of South Korea involved in discussing "important policies that fall within the power of the Executive" as specified by the Constitution. Korea’s plant project bid wins surpass $30 bln for 2nd year running 2025-01-07; FDI pledges to Korea reach historic high in 2024 2025-01-07; Minister Ahn visits U. Department of Commerce (DOC) held the Korea-U. Oct 17, 2023 · Minister for Trade Dukgeun Ahn and the United Arab Emirates (UAE) Minister of State for Foreign Trade Thani bin Ahmed Al Zeyoudi held the Korea-UAE trade ministerial meeting on October 14 in Seoul, where they signed the joint statement announcing the conclusion of negotiations on the Korea-UAE Comprehensive Economic Partnership Agreement (CEPA), which is Korea’s 24 th free trade agreement (FTA). The Ministry of Trade, Industry and Energy on Monday announced a strategy to secure a stable supply of critical minerals, such as lithium, nickel and rare earth materials, amid rising geopolitical uncertainty and U. 9 percent, respectively. Imports decreased 13. Aug 8, 2024 · Trade, Industry and Energy Vice Minister Namho Choe chaired a conference with offshore wind power companies on August 8 at the Korea Chamber of Commerce and Industry (KCCI) in Seoul and announced the Offshore Wind Power Competitive Bidding Roadmap (“Roadmap”). 0” and gathered companies’ opinions. Dec 5, 2024 · Minister for Trade Inkyo Cheong of the Republic of Korea attended the Korea-Sweden Strategic Industry Summit (“Summit”) today in Seoul. 2 percent year-on-year for the month of August 2024, with offline and online sales increasing 5. Jun 3, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) announced on June 1 that Korea’s export value for May advanced 11. 0 percent to $53. The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced today that Korea’s retail industry grew 8. 8 billion, surpassing the previous high of $683. 2 percent). Dec 5, 2024 · The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea held the 61st Trade Day today at COEX in Seoul with the participation of over 1,000 attendees composed of government and related institutions’ representatives and recipients of various awards for their contribution to advancing Korea’s trade achievements. Dec 11, 2024 · Trade Minister Cheong In-kyo vowed to maintain a stable economic environment for foreign companies operating in the country while meeting with representatives from a U. Nov 15, 2023 · The Ministry of Trade, Industry and Energy (MOTIE) announced on November 14 that the proposal for an amendment to the Hydrogen Economy Promotion and Hydrogen Safety Management Act (“Hydrogen Act”) has passed the 47 th Cabinet meeting’s deliberation and resolution process. Secretary of Commerce Gina Raimondo spoke with Minister of Trade, Industry, and Energy of the Republic of Korea Ahn Duk-geun. The bidding market is expected to contribute to reducing greenhouse gases (GHGs) through the development of clean hydrogen, while also supplying clean hydrogen at affordable prices through 4 days ago · Korea’s plant project bid wins surpass $30 bln for 2nd year running . xnqlqt isccpvsfm agmgtr bpvtz eavkn adpv lawjqjy raoxi ejczxa yypssi