Ministry of Trade, Industry and Energy

Korea and UAE declare mutual support for CFE and Net Zero Nuclear Initiatives

Trade, Industry and Energy Ministry's Deputy Minister for Energy Policy Lee Ho-hyeon held the Carbon Free Energy Initiative and Net Zero Nuclear Initiative Signing Ceremony on November 24 via videoconferencing for mutual support declaration between MOTIE and the UAE’s Emirates Nuclear Energy Corporation (ENEC). date2023-11-28

Korea and UAE declare mutual support for CFE and Net Zero Nuclear Initiatives

The Ministry of Trade, Industry and Energy (MOTIE) and the Emirates Nuclear Energy Corporation (ENEC) of the United Arab Emirates (UAE) held a videoconference on November 24 to express mutual support for Korea’s Carbon-Free Energy (CFE) Initiative and ENEC’s Net Zero Nuclear Initiative. The declaration of mutual support is significant in that it upholds the global status of the Carbon Free Initiative and emphasizes the importance of nuclear energy as a means for achieving carbon neu date2023-11-28

Korea and Indonesia discuss measures to strengthen cooperation across all energy areas

The Ministry of Trade, Industry and Energy (MOTIE) and Indonesia’s Ministry of Energy and Mineral Resources held the 14th Korea-Indonesia Energy Forum on November 28 and agreed to bolster bilateral cooperation on the supply chain of critical minerals. The two countries have plans to launch on November 29 a Korea-Indonesia Critical Minerals Joint R&D Center through collaboration between the Korea Institute of Geoscience and Mineral Resources (KIGAM) and Indonesia’s Bandung Insti date2023-11-28

MOTIE & UK’s Department for Energy Security and Net Zero enter MOU

Minister Bang Moon Kyu attended the MOU signing ceremony for the ministry’s entering the Clean Energy Partnership with UK’s Department for Energy Security and Net Zero on November 22 in London with the Department’s Secretary of State Claire Coutinho for bilateral cooperation in clean energy, offshore wind power and nuclear power development. date2023-11-25

Korea and Singapore enter Green Economy Cooperation MOU

Minister for Trade Dukgeun Ahn and Singapore's Second Minister for Trade and Industry Tan See Leng attended the signing ceremony for Korea-Singapore Green Economy memorandum of understanding (MOU) on November 21 in Singapore for cooperation in expanding the use of clean energy and achieving carbon neutrality. date2023-11-24

Korea and UK bolster nuclear energy cooperation on occasion of state visit

The Ministry of Trade, Industry and Energy (MOTIE) announced on November 21 that a total of nine MOUs are to be sealed between Korea and the UK on the occasion of President Yoon Suk Yeol’s state visit to the UK. Korea’s strengths in nuclear reactor construction and manufacturing of equipment and materials, combined with the UK’s competitiveness in nuclear decommissioning and nuclear fuel, are viewed to create meaningful synergy. MOTIE’s Minister Bang Moon Kyu and the UK date2023-11-22

Korea and UK to join hands for Clean Energy Partnership

The Ministry of Trade, Industry and Energy (MOTIE) announced on November 21 that on the occasion of President Yoon Suk Yeol’s state visit to the UK from November 20-23, MOTIE and the UK’s Department for Energy Security and Net Zero will be entering a Clean Energy Partnership. Through the Clean Energy Partnership, the two countries will be reaffirming their consensus on the initiatives of the Carbon Free (CF) Alliance, expanding technology collaboration in clean energy and installing date2023-11-22

Korea and Mongolia launch Rare Metals Cooperation Center

Trade, Industry and Energy Ministry’s Deputy Minister for Energy Policy Lee Ho-hyeon attended the Korea-Mongolia Rare Metals Cooperation Center launching ceremony on November 20 in Ulaanbaatar and stated in his message that he looks forward to seeing this project assist Mongolia in achieving high-value enhancement of its rare metals, while helping Korea strengthen its domestic supply chain. date2023-11-21

Korea and Mongolia hold 1st Rare Metals Cooperation Committee meeting

Trade, Industry and Energy Ministry’s Deputy Minister for Energy Policy Lee Ho-hyeon attended the 1st Korea-Mongolia Rare Metals Cooperation Committee meeting on November 20 in Ulaanbaatar and discussed measures for cooperation and R&D in rare metals in the attendance of both countries’ government delegations. date2023-11-21

Korea boosts rare metal collaboration with resource-rich Mongolia

The Ministry of Trade, Industry and Energy (MOTIE) and the Ministry of Foreign Affairs (MOFA) held the first Korea-Mongolia Rare Metals Cooperation Joint Committee meeting on November 20 in Ulaanbaatar. The committee is headed by Deputy Minister for Energy Policy Lee Ho-hyeon and the Mongolian delegation by Mongolia's Mining and Heavy Industry Minister Jambal Ganbaatar. The attendees discussed measures for bolstering cooperation in the supply chain of rare metals and other critical minerals. T date2023-11-21