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Minister Sung meets with U.S. Ambassador to Korea Harry Harris
Minister of Trade, Industry and Energy Sung Yunmo (right) met with U.S. Ambassador to Korea Harry B. Harris at the Government Complex Seoul on November 16.During the meeting, Minister Sung and Ambassador Harris discussed bilateral cooperation between the two countries on economy, trade, and energy.
Minister Sung chairs meeting with automakers and auto parts suppliers
Trade, Industry and Energy Minister Sung Yunmo (right) chaired a meeting with automakers and auto parts suppliers to discuss development of the industry at the Korea Auto Industries Coop. Association in Seoul on November 14.The Automobile Industry Development Committee was attended by more than forty participants from the industry and government ag...
ICT exports increase at double-digit rate to $20.2 billion in October
The Ministry of Trade, Industry and Energy announced on November 14 that exports of information and communications technology (ICT) products in October reached USD 20.2 billion, up 12.3 percent from the same period last year.ICT imports also increased 10.3 percent to $10 billion from a year earlier, and the trade surplus stood at $10.2 billion.Surp...
Korea’s auto exports, domestic sales, production all grow at double-digit rates in October
The Ministry of Trade, Industry and Energy announced on November 12 that Korea's automobile exports, domestic sales, and production in October all posted double-digit year-on-year growth rates because of more working days last month.Exports of automobiles recorded 230,086 units, up 32.2 percent from the same period last year. In terms of value, the...
Minister Sung meets with Canadian Senate Speaker George Furey
Trade, Industry and Energy Minister Sung Yunmo (right) met with Canadian Senate Speaker George Furey for a discussion at the Government Complex Seoul on November 12.The meeting was also attended by Canadian Senators Grant Mitchell, Yonah Martin, and Sarabjit S. Marwah, as well as Canadian Ambassador-designate to Korea Michael Danagher.
Minister Sung attends MOU signing ceremony between battery makers
Trade, Industry and Energy Minister Sung Yunmo (center) attended the memorandum of understanding (MOU) signing ceremony between Korea’s battery manufacturers that was held in Seoul on November 12.After the MOUs were signed between the three battery makers to create a fund and collaborate on research and development, Minister Sung said in his ...
Minister Sung discusses with Korean business leaders
Trade, Industry and Energy Minister Sung Yunmo (fourth from left in the front row) had a discussion with business leaders of the Korea Chamber of Commerce and Industry (KCCI) at the KCCI building in Seoul on November 12.The meeting was held to listen to the opinions of the industry representatives and to enhance cooperation between the public and p...
Minister Sung appreciates development of textile industry
Trade, Industry and Energy Minister Sung Yunmo (left) appreciated the development of the textile industry during his speech at the commemoration ceremony of the 32nd Textile Day in Seoul on November 9.At the event, Minister Sung said that the textile and fashion industries have been one of the main drivers of Korea’s economic growth and still...
Trade Ministry hosts Invest Korea Week 2018 in Seoul
The Ministry of Trade, Industry and Energy held an opening ceremony of the 14th Invest Korea Week (IKW) 2018 to promote Korea to foreign investors in Seoul on November 6.During the ceremony, Deputy Minister for International Trade and Legal Affairs Kim Changkyu (center) emphasized in his speech that Korea is being internationally recognized as an a...
Vice Minister Cheong awards government prizes on 18th Foreign Company Day
Trade, Industry and Energy Vice Minister Cheong Seung-il (center) awarded government prizes to 46 individuals and organizations that contributed to foreign investment in Korea during a ceremony of the 2018 Foreign Company Day held in Seoul on November 5.During its 18th commemoration, Vice Minister Cheong said that the foreign-invested enterprises i...