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Trade/Investment
Trade Minister meets Pakistan’s Federal Minister of Commerce
Trade Minister Inkyo Cheong of the Republic of Korea met Pakistan’s Federal Minister of Commerce Jam Kamal Khan on January 9 in Seoul to discuss measures for bilateral cooperation. date2025-01-13
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Trade/Investment
Minister Ahn meets U.S. Trade Representative Katherine Tai
Trade, Industry and Energy Minister Dukgeun Ahn of the Republic of Korea held talks with U.S. Trade Representative Katherine Tai on January 8 (local time) in Washington D.C. and discussed Korea-U.S. trade issues including the bilateral FTA. date2025-01-13
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Trade/Investment
Minister Ahn meets U.S. Senator Raphael Warnock
Trade, Industry and Energy Minister Dukgeun Ahn of the Republic of Korea met U.S. Senator Raphael Warnock on January 8 (local time) in Washington D.C. to discuss stronger bilateral trade, industrial, and energy cooperation. date2025-01-13
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Trade/Investment
Minister Ahn meets U.S. Senator Tommy Tuberville
Trade, Industry and Energy Minister Dukgeun Ahn of the Republic of Korea met U.S. Senator Tommy Tuberville on January 8 (local time) in Washington D.C. to discuss stronger bilateral trade, industrial, and energy cooperation. date2025-01-13
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Trade/Investment
Minister Ahn meets U.S. Senator Todd Young
Trade, Industry and Energy Minister Dukgeun Ahn of the Republic of Korea met U.S. Senator Todd Young on January 8 (local time) in Washington D.C. to discuss stronger bilateral trade, industrial, and energy cooperation. date2025-01-13
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Trade/Investment
Minister Ahn meets U.S. Representative Michelle Fischbach
Trade, Industry and Energy Minister Dukgeun Ahn of the Republic of Korea met U.S. Representative Michelle Fischbach on January 8 (local time) in Washington D.C. to discuss stronger bilateral industrial, trade, and energy cooperation. date2025-01-13
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Trade/Investment
Minister Ahn meets U.S. Representative Carol Miller
Trade, Industry and Energy Minister Dukgeun Ahn of the Republic of Korea met U.S. Representative Carol Miller on January 8 (local time) in Washington D.C. to discuss stronger bilateral industrial, trade, and energy cooperation. date2025-01-13
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Trade/Investment
Minister Ahn discusses strengthening U.S.-Korea cooperation on industry, energy, and trade with U.S. federal and state governments
Minister for Trade, Industry and Energy Dukgeun Ahn of the Republic of Korea visited the state of Georgia and Washington, D.C. on January 6 to January 9. During his visit, he held meetings with the U.S. Secretary of Energy, the U.S. Trade Representative (USTR), the Governor of Georgia, state legislators, federal senators and representatives, leading think tanks, and other stakeholders. Additionally, Minister Ahn participated in a roundtable discussion with Korean companies operating in Georgia. During his meetings with members of the U.S. Senate Committee on Finance and House Committee on Ways and Means, which oversee trade and taxation matters, Minister Ahn emphasized the strengthened supply chain connections between the two countries, driven by investments made by Korean companies in the United States. He urged U.S. legislators to continue fostering a favorable environment for Korean companies. In a separate meeting with Senator Todd Young, co-sponsor of the "SHIPS for America Act," a bill aimed at strengthening the U.S. shipbuilding industry, Minister Ahn discussed the ongoing collaboration in formulating policies and legislation to revitalize the U.S. shipbuilding sector. Furthermore, in discussions with legislators representing states such as Georgia, Tennessee, and Alabama—key hubs for Korean investment in the U.S.—he sought active support and attention to ensure the smooth and stable implementation of Korean investment projects in these regions. Minister Ahn also held bilateral meetings with U.S. Secretary of Energy Jennifer Granholm and USTR Ambassador Katherine Tai, respectively. In these meetings, he reviewed the achievements derived from the mutually beneficial cooperation between the two governments and highlighted the need for continued collaboration in the industrial, energy, and trade sectors under the new U.S. administration. Minister Ahn stated, "This visit provided an opportunity to actively highlight the activities of Korean investors to U.S. federal and state governments as well as legislators, while reaffirming the strength of the Korea-U.S. relationship, regardless of the evolving political landscape in both countries." He added, "We will closely monitor the policies introduced by the new U.S. administration and continue to strengthen U.S.-Korea cooperation to ensure that Korean investments and business operations in the U.S. remain stable amid the changing global environment." date2025-01-10
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Trade/Investment
Korea named Global Innovation Champion at CES 2025
The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced today that Korea won a place among the new Global Innovation Champions this year at the Consumer Electrics Show (CES) 2025 currently in full swing in Las Vegas, U.S. As host of CES, the Consumer Technology Association (CTA) grades each country’s technological innovation capacity by the association’s Global Innovation Scorecard and announces the results during each year’s CES event. The CTA’s report evaluated 75 countries according to 15 criteria. Countries are classified into four groups by order of rank: Innovation Champions, Innovation Leaders, Innovation Adopters, and Modest Innovators. This year, Korea jumped up to the Innovation Champions league from its previous position as Innovation Leader (2023), gaining high scores in areas such as encouragement of global tech trade, allowance of cross-border data flow, startup and small business friendliness, pro-innovation legal environment, and digital transparency. Other countries in the Innovation Champion group include the U.S., the UK, Japan, France, and Germany. date2025-01-08
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Trade/Investment
Minister Ahn chairs meeting with Korean businesses operating in Georgia, U.S.
Trade, Industry and Energy Minister Dukgeun Ahn of the Republic of Korea chaired a meeting on January 7 in Atlanta with representatives of Korean businesses operating in Georgia, U.S., including Hyundai Motor Group, Absolix, Aluko, Hyundai Mobis, and LS C&S as well as related institutions like KOTRA, to discuss investment issues. date2025-01-08