Ministry of Trade, Industry and Energy

Trade Minister Meets U.S. Trade Representative

Korea’s Minister for Trade Yeo Han-koo met with U.S. Trade Representative Jamieson Greer on July 25 (local time) in Washington, D.C. to discuss ways to advance bilateral tariff negotiations. date2025-07-28

Minister Meets Chair of White House Energy Council

Korea’s Minister of Trade, Industry and Energy Kim Jung-kwan met with White House National Energy Council Chair Doug Burgum on July 24 (local time) in Washington, D.C. to explore measures to deepen bilateral cooperation in the energy sector. date2025-07-28

Minister Meets U.S. Secretary of Commerce

Korea’s Minister of Trade, Industry and Energy Kim Jung-kwan met with U.S. Secretary of Commerce Howard Lutnick on July 24 (local time) in Washington, D.C. to discuss progress in bilateral tariff negotiations and ways to enhance industrial cooperation. date2025-07-28

KTC Recommends Provisional Anti-Dumping Duties on Hot-Rolled Products from Japan and China

The Korea Trade Commission (KTC) under the Ministry of Trade, Industry and Energy (MOTIE) held its 462nd session today to review two anti-dumping cases and two patent infringement cases in international trade, and received a report on one newly initiated patent infringement investigation. The KTC examined ongoing anti-dumping investigations launched in March this year on hot-rolled carbon and alloy steel products from Japan and China, as well as single-mode optical fiber from China. The KTC issued preliminary determinations confirming dumping in both cases and found that the dumped imports caused material injury to the Korean industry. To prevent further damage during the ongoing investigations, the KTC decided to recommend to the Korea’s economy and finance minister the imposition of provisional anti-dumping duties of between 28.16% and 33.57% for Japanese and Chinese hot-rolled products, and of 43.35% for Chinese single-mode optical fiber. Regarding patent-related trade cases, the KTC revisited a complaint filed by Wyeth LLC concerning alleged infringement of its pneumococcal conjugate vaccine patent. Although the KTC initially ruled in February 2024 that the respondent had infringed the patent, a recent administrative court ruling overturned that decision. Accordingly, the KTC issued a redetermination in line with the court’s ruling for non-infringement. The KTC also received a report on the initiation of a new investigation filed in June 2025 by Korean company Value Innovation Partners Co., Ltd. concerning patent infringement regarding connected electric vehicles. date2025-07-25

FICs and Research Institutions Partner for R&D and Technology Sharing

Director General for Investment Policy Ryu Peob-min attended a technology exchange today at the Korea Chamber of Commerce and Industry (KCCI) between 10 foreign-invested companies (FICs) and 15 domestic public research institutions, held with an aim to foster Korea’s innovation ecosystem by leveraging the R&D capabilities of global FICs. Director General Ryu stated that the ministry plans to launch joint programs involving public research institutions for the establishment of a global R&D center for FICs with leading technologies, while pushing to expand exclusive R&D initiatives for FICs to promote the active participation of global corporations.     date2025-07-15

FICs and Domestic Research Institutions Partner for R&D and Technology Sharing

Korea’s Ministry of Trade, Industry and Energy (MOTIE) hosted a technology exchange today at the Korea Chamber of Commerce and Industry (KCCI) between foreign-invested companies (FICs) and domestic public research institutions with an aim to foster Korea’s innovation ecosystem by leveraging the R&D capabilities of global FICs. Launched with the participation of 10 FICs and 15 domestic research institutions, the exchange was first proposed by FICs during the Global Foreign Investment Company and Public Institution Roundtable held in May, with the goal of building an R&D cooperation system through technology exchange with the public institutions’ top researchers. At today’s exchange, participants took stock of technological progress in advanced industries, shared recent development trends, and explored future collaboration opportunities. MOTIE is in the process of pursuing supportive policies, such as expanding cash incentives linked to exclusive R&D projects for FICs and improving regulations, to attract investments for the establishment of a major global business R&D center to facilitate continued investment from FICs’ parent companies and catalyze the transfer of leading technologies currently unavailable in Korea.  At today’s exchange, FICs and public institutions engaged in not only technology sharing, but also in one-on-one consultations to identify potential joint projects and discussed tangible cooperative measures. Director General for Investment Policy Ryu Peob-min stated that the ministry plans to launch joint programs involving public research institutions for the establishment of a global R&D center for FICs with leading technologies, while pushing to expand exclusive R&D initiatives for FICs to promote the active participation of global corporations.   date2025-07-15

Trade Minister meets U.S. Senator Dan Sullivan

Korea’s Minister for Trade Yeo Han-koo met U.S. Senator Dan Sullivan (R-Alaska) on July 8 (local time) in Washington D.C. and asked for support in facilitating a stable business environment for Korean firms investing in the U.S. date2025-07-09

Trade Minister attends conference hosted by National Association of Manufacturers

Korea's Minister for Trade Yeo Han-koo attended a conference hosted by the National Association of Manufacturers in Washington D.C. on July 8 (local time) to discuss mutually beneficial measures for Korea-U.S. manufacturing cooperation and exchanged views on Korea’s investment environment. date2025-07-09

Trade Minister meets U.S. Secretary of Commerce

Korea’s Minister for Trade Yeo Han-koo met U.S. Secretary of Commerce Howard Lutnick on July 7 (local time) in Washington D.C. to discuss Korea-U.S. manufacturing cooperation and other bilateral trade issues. date2025-07-08

Trade Minister meets U.S. Trade Representative

Korea's Minister for Trade Yeo Han-koo met U.S. Trade Representative Jamieson Greer on July 5 (local time) in Washington D.C. as the tariff moratorium nears its end to discuss mutually beneficial cooperation measures in the manufacturing sector and exchanged views on key agendas. date2025-07-07