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Korea and Qatar discuss measures for strengthening energy supply chain Trade, Industry and Energy Minister Bang Moon Kyu met with Qatar’s Minister of State for Energy Affairs Saad Sherida Al-Kaabi on September 27 in Seoul on the occasion of the latter’s first visit to Korea in four years, to discuss measures for strengthening the two countries’ energy and shipbuilding supply chain.Even amid uncertain... 2023-09-27
Korea's retail industry grows 3.3% in August The Ministry of Trade, Industry and Energy (MOTIE) announced on September 26 that Korea’s retail sales for August gained an overall growth of 3.3 percent year-on-year.Offline sales declined by 1.2 percent as Chuseok holidays are due to arrive 19 days later than they did last year (September 10, 2022), with hypermarket chain and department sto... 2023-09-27
Amendments to Industrial Technology Protection Act approved at cabinet meeting The Ministry of Trade, Industry and Energy (MOTIE) announced on September 25 that amendments to the “Act on Prevention of Divulgence and Protection of Industrial Technology” were approved at the cabinet meeting that day.The primary purpose of the amendments is to strengthen the protection of national core technologies. The revisions now... 2023-09-27
Korea partners with Vietnam and Uzbekistan on four carbon emission reduction projects The Ministry of Trade, Industry and Energy (MOTIE) held the ceremony on September 25 for the signing of a memorandum of understanding (MOU) on international projects aiming to reduce greenhouse gases (GHG) at the Korea Trade-Investment Promotion Agency (KOTRA) in the presence of Minister for Trade Dukgeun Ahn and Vietnamese Ambassador to Korea Nguy... 2023-09-26
Minister Bang makes first Exporter Visiting Group stop at Hyundai Asan Plant Trade, Industry and Energy Minister Bang Moon Kyu visited the Hyundai Asan Plant on September 26 for the launching of the Exporter Visiting Group (“Group”) as part of Minister Bang’s first stride towards export growth for the second half of 2023.The Exporter Visiting Group is a program launched by the Ministry of Trade, Industry a... 2023-09-26
440th Korea Trade Commission gives preliminary determination on anti-dumping duties The Ministry of Trade, Industry, and Energy (MOTIE) held the 440th Korea Trade Commission meeting on September 21 and based on the preliminary determination regarding domestic industrial injury from Egyptian white Portland cement, decided to recommend that the Ministry of Economy and Finance (MOEF) impose provisional anti-dumping duties of 72.23 pe... 2023-09-26
Korea and Finland enter TIPF MOU Trade, Industry and Energy Ministry’s Deputy Minister for FTA Negotiations Roh Keon-ki and Finland’s Under-Secretary of State for International Trade Jarno Syrjälä signed the Trade Investment Promotion Framework (TIPF) memorandum of understanding (MOU) at the commemoration event for the 50th anniversary of the establishment of... 2023-09-22
Korea and U.S. hold 2nd Advanced Industry & Technology Cooperation Forum The Ministry of Trade, Industry and Energy (MOTIE) and the U.S. Department of Commerce held the 2nd Korea-U.S. Advanced Industry & Technology Cooperation Forum on September 21 at the Grand Hyatt Seoul with aim to seriously push forward bilateral cooperation in high-tech industries and personnel exchange.At the forum, large numbers of both count... 2023-09-21