Ministry of Trade, Industry and Energy

Korea and Cambodia hold Business Forum

Trade, Industry and Energy Minister Dukgeun Ahn attended the Korea-Cambodia Business Forum, co-hosted by the two countries’ Chambers of Commerce, on May 16 in Korea on the occasion of Cambodian Prime Minister Hun Manet’s visit.   The forum was attended by approximately 250 persons, consisting of representatives of the two countries' governments, companies, and related institutions, to discuss measures for Korea-Cambodia economic cooperation, investment and promising sectors, and Korean companies’ Cambodia market entry success cases.   In his congratulatory address, Minister Ahn stated that it is the optimal opportunity for the two countries to step up their economic cooperation, noting the signing of the bilateral Free Trade Agreement (FTA) and Regional Comprehensive Economic Partnership (RCEP) joint participation, and proposed measures for expanding trade and investment, upgrading advanced industrial cooperation, and achieving carbon neutrality by 2050.   A total of six memorandums of understanding (MOUs) were signed at the forum. Korea Chamber of Commerce and Industry (KCCI) and Cambodia Chamber of Commerce (CCC) entered an MOU for supporting both countries’ companies through business partner matchings and trade and investment information provision. In addition, four financial cooperation MOUs and one infrastructure cooperation MOU were sealed, signaling the vitalization of private economic cooperation as well. date2024-05-20

Trade Minister attends "Trade Liberalisation: FTAAP" session

Minister for Trade Inkyo Cheong attended the "Trade Liberalisation: FTAAP" session at the Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade (MRT) Meeting on May 18 in Arequipa, Peru and discussed new directions for FTAAP within APEC in view of the changing trade landscape. date2024-05-20

Trade Minister meets Indonesia’s Trade Minister

Minister for Trade Inkyo Cheong met with Indonesia’s Trade Minister Zulkifli Hasan on May 18 in Arequipa, Peru, on the occasion of attending the Asia-Pacific Economic Cooperation (APEC) Trade Ministerial and discussed bilateral trade issues, including electric vehicles and battery cooperation. date2024-05-20

Trade Minister meets China International Trade Representative

Minister for Trade Inkyo Cheong met with Wang Shouwen, China International Trade Representative and Vice Minister of Commerce, Ministry of Commerce, on May 18 in Arequipa, Peru, on the occasion of attending the Asia-Pacific Economic Cooperation (APEC) Trade Ministerial and discussed bilateral economic cooperation. date2024-05-20

Trade Minister meets U.S. Trade Representative

Minister for Trade Inkyo Cheong met with U.S. Trade Representative Katherine Tai on May 17 in Arequipa, Peru, on the occasion of attending the Asia-Pacific Economic Cooperation (APEC) Trade Ministerial and discussed bilateral trade issues. date2024-05-20

Trade Minister attends Ministers Responsible for Trade APEC Meeting

Minister for Trade Inkyo Cheong attended the Ministers Responsible for Trade Meeting on May 17 in Arequipa, Peru, and discussed issues including dispute settlement system normalization and formulating norms through multilateral negotiations with the trade leaders of other APEC member countries. date2024-05-20

Trade Minister meets Japan’s Parliamentary Vice-Minister of Economy, Trade and Industry

Minister for Trade Inkyo Cheong met with Taku Ishii, Japan’s Parliamentary Vice-Minister of Economy, Trade and Industry, on May 17 in Arequipa, Peru, on the occasion of attending the Asia-Pacific Economic Cooperation (APEC) Trade Ministerial and discussed Korea-Japan economic cooperation and multilateral trade issues. date2024-05-20

Trade Minister attends Ministers Responsible for Trade and Ministers for Women APEC joint meeting

Minister for Trade Inkyo Cheong attended the Asia-Pacific Economic Cooperation (APEC) Joint Meeting of Ministers Responsible for Trade and Ministers for Women at the APEC Trade Ministerial held in Arequipa, Peru, on May 17 and proposed measures for women’s economic empowerment and trade participation through trade policies. date2024-05-20

Trade Minister meets Thai Trade Representative

Minister for Trade Inkyo Cheong met with Thailand’s Trade Representative Nalinee Taveesin on May 16 in Arequipa, Peru, on the occasion of attending the Asia-Pacific Economic Cooperation (APEC) Trade Ministerial and discussed Korea-Thailand Economic Partnership Agreement (EPA) prospects and other bilateral trade issues. date2024-05-20

Trade Minister meets Chile’s Under–Secretary for International Economic Relations

Minister for Trade Inkyo Cheong met with Chile’s Under–Secretary for International Economic Relations Claudia Yamile Sanhueza Riveros on May 16 in Arequipa, Peru, on the occasion of attending the Asia-Pacific Economic Cooperation (APEC) Trade Ministerial and discussed measures for improving Korea-Chile FTA and other bilateral trade issues. date2024-05-20