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FTA/Economic Cooperation

FTA/Economic Cooperation

Korea, Cambodia to launch official negotiations for FTA

Korea, Cambodia to launch official negotiations for FTA

Trade Minister Yoo Myung-hee (right) had a virtual meeting with her Cambodian counterpart Pan Sorasak on July 9, and announced the launch of official negotiations for a bilateral free trade agreement (FTA) between the two countries. Trade Minister Yoo welcomed the launch of official talks with Cambodia as an opportunity to strengthen economi...

2020-07-10

Minister Sung meets with Uzbekistan’s deputy prime minister for investment and foreign economic affairs

Minister Sung meets with Uzbekistan’s deputy prime minister for investment and foreign economic affairs

Trade, Industry and Energy Minister Sung Yun-mo (left) met with Uzbekistan’s deputy prime minister for investments and foreign economic affairs, Sardor Umurzakov, in Seoul on July 6. At the first ministerial meeting held face-to-face since the coronavirus outbreak, the two countries discussed ways to expand bilateral economic cooperati...

2020-07-07

Korea, Singapore begin talks on digital trade agreement

Korea, Singapore begin talks on digital trade agreement

Trade Minister Yoo Myung-hee (right) talked with her Singaporean counterpart Chan Chun Sing via videoconference on June 22, to start negotiations on the Korea-Singapore Digital Partnership Agreement (KSDPA), the first digital trade deal for Korea. Trade Minister Yoo said that the agreement is expected to help ease digital trade barriers betw...

2020-06-23

Korea, China discuss joint efforts to facilitate economic exchanges amid COVID-19

Korea, China discuss joint efforts to facilitate economic exchanges amid COVID-19

Trade, Industry and Energy Minister Sung Yun-mo (center) talked with his Chinese counterpart Zhong Shan via teleconference on April 17, to discuss ways to expand bilateral cooperation as a follow-up to the ASEAN+3 Special Summit held on April 14. Minister Sung proposed that the two countries work together to allow businesspeople make essenti...

2020-04-17

Korea, Vietnam seek closer cooperation in stabilizing global supply chain affected by COVID-19

Korea, Vietnam seek closer cooperation in stabilizing global supply chain affected by COVID-19

Trade, Industry and Energy Minister Sung Yun-mo (right) talked with his Vietnamese counterpart Tran Tuan Anh via videoconference on April 13, to discuss ways to expand bilateral economic ties and to cooperate for the smooth functioning of the global supply chain affected by the new coronavirus spread. Minister Sung emphasized the importance of main...

2020-04-14

Trade Minister Yoo attends meeting held by Seoul Japan Club

Trade Minister Yoo attends meeting held by Seoul Japan Club

Trade Minister Yoo Myung-hee (center) underlined a bridge role of Japanese companies doing business in Korea for economic cooperation between Korea and Japan in a meeting with members of the Seoul Japan Club in Seoul on December 11.The meeting was attended by more than 50 representatives from Japanese companies operating in Korea.

2019-12-16

Minister Sung attends 2nd Korea-Central Asia Economic Cooperation Strategy Meeting

Minister Sung attends 2nd Korea-Central Asia Economic Cooperation Strategy Meeting

Trade, Industry and Energy Minister Sung Yun-mo delivered congratulatory remarks and awarded government prizes to individuals who contributed to promoting economic cooperation between Korea and Central Asian countries at the second Korea-Central Asia Economic Cooperation Strategy Meeting in Seoul on December 6. The meeting was attended by mo...

2019-12-06

Trade Minister Yoo delivers remarks at 2nd Korea-China Business Leaders and Former Government Officials Dialogue

Trade Minister Yoo delivers remarks at 2nd Korea-China Business Leaders and Former Government Officials Dialogue

Trade Minister Yoo Myung-hee (second from the left) delivered congratulatory remarks at the 2nd Korea-China Business Leaders and Former Government Officials Dialogue in Seoul on Dec 5. The event was attended by business leaders and government officials from both countries, including Lawmaker Chung Sye-kyun, SK Group President Chey Tae-won, a...

2019-12-06

Minister Sung and Party Secretary of China’s Shandong Province sign MOU on economic cooperation

Minister Sung and Party Secretary of China’s Shandong Province sign MOU on economic cooperation

Trade, Industry and Energy Minister Sung Yun-mo (right) and China’s Secretary of Shandong Provincial Party Committee Liu Jiayi signed a MOU to expand bilateral trade ties and economic cooperation in Seoul on Dec 2.

2019-12-04

Minister Sung meets with industry leaders to discuss RCEP and FTAs with Southeast Asian countries

Minister Sung meets with industry leaders to discuss RCEP and FTAs with Southeast Asian countries

Trade, Industry and Energy Minister Sung Yun-mo presided over a meeting in Seoul on Nov 5 with representatives from industry and academia to discuss the meaning and significance of Regional Comprehensive Economic Partnership (RCEP), a major Asian-Pacific trade pact set to be signed in 2020. Minister Sung and the participants also shared tho...

2019-11-07

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