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Korea, UK sign continuity free trade agreement in London
Trade Minister Yoo Myung-hee (right) signed a continuity FTA with the UK’s Secretary of State for International Trade Elizabeth Truss in London, Aug 22. The agreement focuses on maintaining the bilateral trade relations at the same level as the existing Korea-EU FTA, allowing businesses to trade freely in the event of a no-deal Brexit....
Korea, Israel sign bilateral free trade agreement in Jerusalem
Trade Minister Yoo Myung-hee (left) and Israel’s Economy Minister Eli Cohen declared the conclusion of the Korea-Israel FTA in Jerusalem on Aug 21. The trade pact will further promote bilateral trade in a variety of areas including parts, materials and equipment industries.
Trade minister Yoo Meets with Australia’s Trade Minister
Trade Minister Yoo Myung-hee (right) had a meeting with Australia’s Minister for Trade, Tourism and Investment Simon Birmingham in Seoul on Aug 5. The Ministers explored ways to boost trade and investment between the two countries and expand cooperation in the energy sector.
Trade Minister Yoo Attends the 8th RCEP Intersessional Ministerial Meeting
Trade Minister Yoo Myung-hee (fourth from the right in the front row) attended the 8th Regional Comprehensive Economic Partnership (RCEP) intersessional ministerial meeting in Beijing from Aug 2 to 3. During the meeting, Trade Minister Yoo met with her counterparts and discussed ways to conclude the trade pact this year. She also addre...
Minister Sung meets with Pakistan’s Adviser to Prime Minister on Commerce
Trade, Industry and Energy Minister Sung Yun-mo (right) had a meeting with Pakistan's Adviser to Prime Minister on Commerce, Textile, Industries and Investment Abdul Razak Dawood in Seoul on August 1. Minister Sung and Adviser Dawood discussed ways to promote investment between the two countries and expand bilateral cooperation in the fields...
Trade Minister Yoo delivers speech at the Korea-Israel economic forum in Seoul
Trade Minister Yoo Myung-hee (third from the right) delivered a keynote speech at the Korea-Israel economic forum held in Yeouido, Seoul, on July 16. During her speech, she said Korea and Israel can boost their bilateral ties in a mutually beneficial manner, as Israel has strength in hardware and Korea in software. Under the theme of ...
Korea, Malaysia announce official launch of FTA talks
Trade Minister Yoo Myung-hee (center) had a video conference with Malaysian International Trade and Industry Minister Darell Leiking in the Government Complex Gwacheon to officially announce the launch of Korea-Malaysia Free Trade Agreement negotiations on June 27.The two sides agreed to work towards signing the deal by this November when the Korea...
Minister Sung discusses bilateral ties with Saudi Energy Minister in Seoul
Trade, Industry and Energy Minister Sung Yun-mo (left) had a meeting with Saudi Arabian Energy Minister Khalid Al-Falih in Seoul on June 27 to discuss the Korea-Saudi Vision 2030 and cooperation in nuclear energy.The day before the meeting, the two Ministers signed memoranda of understanding (MOUs) for cooperation in the automobile industry and hyd...
Korea, Indonesia hold industry ministerial meeting in Seoul
Trade, Industry and Energy Minister Sung Yun-mo (left) had a meeting with Indonesia’s Industry Minister Airlangga Hartarto in Seoul on June 26.The two Ministers discussed ways to expand bilateral trade and to improve cooperation in key industries such as steel, petrochemicals, and automobiles.
Korea, Russia announce launch of FTA talks in service, investment
Trade Minister Yoo Myung-hee (left) and Russia’s Economic Development Minister Maxim Oreshkin signed the joint statement on the official launch of negotiations for a Korea-Russia free trade agreement in service and investment at a meeting held in Moscow on June 20 (local time).After the signing, Trade Minister Yoo visited the Skolkovo Innovat...