Ministry of Trade, Industry and Energy
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Minister Sung meets with Saudi ministers to advance bilateral cooperation
Trade, Industry and Energy Minister Sung Yun-mo (second from the left) had a meeting with Saudi Arabia’s Energy Minister Khalid A. Al-Falih (third from the right) and Saudi Economy Minister Mohammed Al-Tuwaijri (second from the right) in the UAE on January 14 (local time).During the ministerial talk, the top officials discussed key issues inv...
Minister Sung visits UAE to enhance industrial bilateral ties
Industry, Trade and Energy Minister Sung Yun-mo (right) met with Abu Dhabi Executive Affairs Authority Chairman Khaldoon Khalifa Al Mubarak in the UAE on January 13 (local time).Minister Sung and Chairman Al Mubarak discussed ways of enhancing bilateral cooperation in industry and investment, including nuclear power plants.Prior to the meeting with...
Korea’s National Assembly ratifies revised KORUS FTA
The Ministry of Trade, Industry and Energy announced that the Korean National Assembly ratified the revised Korea-U.S. free trade agreement (KORUS FTA) on December 7. The Korean government submitted a bill for the ratification of the revised KORUS FTA to the National Assembly on October 12. Now that the domestic procedure for implementing the deal ...
Minister Sung signs action plan with Vietnamese counterpart to boost trade cooperation
Trade, Industry and Energy Minister Sung Yunmo (left) and Vietnam’s Industry and Trade Minister Tran Tuan Anh signed an action plan to achieve bilateral trade of USD 100 billion by 2020 in Seoul on December 6.The action plan has been developed to step up cooperation between the two countries on various fields, including retail, automobiles, a...
Trade Ministry, USTR sign revised KORUS FTA
Seoul, Korea - The Ministry of Trade, Industry and Energy announced that Trade Minister Kim Hyun-chong and United States Trade Representative Robert Lighthizer signed the revised Korea-U.S. (KORUS) Free Trade Agreement as a summit between the Korean and U.S. presidents took place in New York City on September 24 (local time). The Trade Ministry wil...
Korea, U.S. reach revised free trade agreement in principle
Seoul, Korea - The Ministry of Trade, Industry and Energy announced on March 26 that the Republic of Korea and the United States reached an agreement in principle to the revision of the Korea-U.S. Free Trade Agreement. The agreement reached between the two sides has removed the uncertainty that could result from long-term negotiations. Both sides w...
Trade Minister Kim signs trade deals with five Central American counterparts
Seoul, Korea - The Ministry of Trade, Industry and Energy announced that Trade Minister Kim Hyun-chong signed free trade agreements with representatives from five Central American countries in Seoul on February 21. The five Central American ministers were El Salvadoran Economy Minister Tharsis Salomón López Guzmán, Honduran Min...
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 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.
Trade Ministry to enhance industrial cooperation with Bulgaria
The Ministry of Trade, Industry and Energy held the second Korea-Bulgaria Industrial Cooperation Committee with the Korea Trade Commission’s Standing Commissioner Kang Myung-soo (left) and Bulgarian Deputy Minister of Economy Lachezar Borisov leading the talks in Seoul on November 2.The two sides discussed efforts for cooperation in economy, ...