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Ministry hosts 3rd meeting of public-private committee on Korea-US trade The Ministry of Trade, Industry and Energy announced on March 24 that the Ministry held the third meeting of the public-private committee on Korea-U.S. trade in Seoul to discuss latest developments in the trade between the two countries and come up with responses.  The meeting was chaired by Trade, Industry and Energy Minister Joo Hyunghw... 2017-03-24
Korea, Israel hold 3rd round of FTA negotiations in Seoul The Ministry of Trade, Industry and Energy announced on March 20 that the third round of negotiations for the Korea-Israel Free Trade Agreement kicked off in Seoul. The negotiations for the proposed FTA, which will last until March 24, are led by Trade, Industry and Energy Director General for Trade Policy Yeo Han-koo and Foreign Trade Adminis... 2017-03-20
Korea’s ICT exports sets new record in February The Ministry of Trade, Industry and Energy announced on March 15 that exports of information and communication technology (ICT) goods surged 22.8 percent to USD 14.1 billion in February from a year earlier, setting a new record for the month of February.  Exports of ICT goods grew year-on-year for the fourth consecutive month – and ... 2017-03-15
Auto production, sales improve in February The Ministry of Trade, Industry and Energy announced on March 15 that production, domestic sales and exports of automobiles all improved in February from a year earlier, signaling a recovery in the auto sector. Five domestic carmakers – Hyundai Motor, Kia Motors, GM Korea, SsangYong Motor and Renault Samsung Motors – produced a tot... 2017-03-15
Korea, 5 Central American nations initial FTA The Ministry of Trade, Industry and Energy announced on March 13 that Korea and five Central American nations initialed the Korea-Central America Free Trade Agreement, a comprehensive trade pact that will eliminate tariffs and other barriers and consolidate bilateral and multilateral economic cooperation.  On March 10, in San José,... 2017-03-13
RCEP members agree to accelerate negotiations The Ministry of Trade, Industry and Energy announced on March 6 that Korea and 15 trading partners have agreed at the 17th round of negotiations for the Regional Comprehensive Economic Partnership (RCEP) to accelerate negotiations in the first half of this year.The latest talks was held in Kobe, Japan between February 27 and March 3.The RCEP is a p... 2017-03-06
Korea, MERCOSUR sign joint statement for launch of trade agreement negotiations The Ministry of Trade, Industry and Energy announced on March 3 that Korea and Mercado Común del Sur (MERCOSUR) signed on March 2 a joint statement facilitating the launch of official negotiations for a multilateral trade agreement between Korea and four South American nations in the first half of this year. During his visit to Buenos A... 2017-03-03
Korea's exports post fastest growth in 5 years in February The Ministry of Trade, Industry and Energy announced on March 1 that Korea’s exports expanded 20.2 percent, the fastest pace in five years, to USD 43.2 billion in February from a year earlier. The amount of exports is also a five-year high since February 2012. They advanced at double-digit rates for two consecutive months for the first t... 2017-03-01