Ministry of Trade, Industry and Energy

Minister Lee attends 1st World EXPO 2030 Bid Committee Meeting

Trade, Industry and Energy Minister Lee Chang-yang attended the 1st World EXPO 2030 Bid Committee Meeting on July 8 at the Korea Chamber of Commerce and Industry (KCCI) to discuss Committee rules, and the progress and plans of promotion activities and private-led committee.   The event was attended by Prime Minister Han Duck-soo, KCCI Chairman Chey Tae-won and other relevant persons from various organizations, including the Ministry of Foreign Affairs (MOFA) and the Ministry of Culture, S date2022-07-12

World Expo 2030 Bid Committee to give full measure

The South Korean government held the first World Expo 2030 Bid Committee (hereinafter “Committee”) meeting at the Korea Chamber of Commerce and Industry (KCCI) on July 8, which was co-presided by Prime Minister Han Duck-soo and Co-Chairman Chey Tae-won. The private-led bid committee and Government-led bid committee have been merged so as to combine all efforts for the single aim of winning Busan the bid for host city of World Expo 2030. Comprising 14 of Government Ministe date2022-07-11

Trade Minister holds 15th Trade Advisory Committee Meeting

Trade Minister Ahn Duk-geun held the 15th Trade Advisory Committee (hereinafter “Committee”) Meeting at the Lotte Hotel Seoul on July 7, the first meeting of its kind under the new regime.   In his opening message, Trade Minister Ahn stated that efforts had been made over the past two months to leverage the Korea-U.S. summit, IPEF launching ceremony and the 12th WTO Ministerial Conference to create favorable trade results for Korean companies and contribute to the internationa date2022-07-11

Trade Minister holds 15th Trade Advisory Committee Meeting

Trade Minister Ahn Duk-geun held the 15th Trade Advisory Committee (hereinafter “Committee”) Meeting at the Lotte Hotel Seoul on July 7, the first meeting of its kind under South Korea's new regime. The above Committee is a consultation body focused on communication with corporations and consists of approximately 30 experts from industries and academia, serving as one of the main public-private collaborative channels. This meeting was held to discuss matters related to trade policy date2022-07-11

Trade Minister attends Global Investment Summit

Trade Minister Ahn Duk-geun attended the Global Investment Summit held at the Shilla Seoul on July 6 and gave a congratulatory message.   The event was attended by approximately 200 persons from various foreign-invested companies and relevant local government bodies, including Korea Trade-Investment Promotion Agency (KOTRA) President Yu Jeong-yeol and LG-Ericsson South Korea & Taiwan Operations CEO Håkan Cervell.   date2022-07-08

MOTIE holds Global Investment Summit

The Ministry of Trade, Industry and Energy (MOTIE) co-hosted the first large-scale Global Investment Summit (hereinafter “the Summit”) with Korea Trade-Investment Promotion Agency (KOTRA) under the new administration at the Shilla Seoul on July 6, and under the theme of “Role of Foreign Investors in the Era of Supply Chain Reconfiguration.” The Summit consisted of an MOU signing ceremony, roundtable, global investment forum and investment consultation, and the entire ev date2022-07-08

Trade Minister attends Trade and Security 2022

Trade Minister Ahn Duk-Geun attended the Trade and Security 2022 held at COEX in Seoul on July 6 to raise awareness on trade security and encourage companies that contributed to Korea’s exports control system.   Following his opening message, the Trade Minister gave a keynote speech under the theme of “Trade Security Environment and Challenges” and awarded 19 government commendations to companies and institutions that showed model implementation of exports control, as we date2022-07-07

Trade Minister holds 28th Trade Promotion Committee meeting

Trade Minister Ahn Duk-geun presided the 28th Trade Promotion Committee meeting at the Government Complex Sejong on July 5 to discuss recent trade ministerial talks, World EXPO 2030 Busan promotion, pandemic and food security response.   The trade chief gave an opening message regarding current issues and bilateral, multilateral talks, namely the 12th WTO Ministerial Conference (MC12), Korea-EU Trade Ministers’ meeting, promotion for Busan as World EXPO host city, fisheries subsidie date2022-07-07

Trade Minister holds 28th Trade Promotion Committee meeting

Trade Minister Ahn Duk-geun held the 28th Trade Promotion Committee meeting on July 5 at the Government Complex Sejong in the presence of eight relevant ministries to discuss the new regime’s new trade directions, Indo-Pacific Economic Framework (IPEF) implementation and climate change impact on trade and necessary countermeasures. In his opening remarks, Minister Ahn stated that his focus over the past three weeks had been on the 12th WTO Ministerial Conference (MC12), Korea-EU Trade Min date2022-07-06

Korea-ASEAN Dinner for promotion of World EXPO 2030 Busan

Trade Minister Ahn Duk-geun attended the “Korea-ASEAN Dinner in Honor of ASEAN SOM Leaders” to promote World EXPO 2030 Busan at the Shilla Seoul on July 1 and gave a welcoming message to the vice ministerial-level attendees from ten ASEAN member countries, including Brunei, Cambodia, Indonesia and the Philippines. date2022-07-05