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Korea's exports grow 2.8% in September The Ministry of Trade, Industry and Energy announced on October 1 that Korea’s exports in September increased 2.8 percent to USD 57.5 billion, a historic high for the month of September.Korea’s exports have risen for 23 consecutive months since November 2020 amid the Russia-Ukraine war and sluggish global economy. The growth, albei... 2022-10-04
Minister holds 2nd Nuclear Energy Exports Strategy Committee Meeting Trade, Industry and Energy Minister Lee Chang-yang held the 2nd Nuclear Energy Exports Strategy Committee (hereinafter “Committee”) Meeting on September 29 at the Seoul Garden Hotel.Headed by the Trade, Industry and Energy Minister, the Committee was first launched in August this year to foster competitiveness of Korea’s nuclear a... 2022-09-30
Minister discusses energy crisis response with Korea's "Top 10" Trade, Industry and Energy Minister Lee Chang-yang held a conference with Korea’s top 10 companies and associations on September 26 to discuss the current energy crises and to seek public-private joint response measures. Among those present were representatives of Samsung Electronics, SK's SUPEX Council, Hyundai Steel, LG and Lotte Chemical.K... 2022-09-29
MOTIE and European nations' Ambassadors to Korea discuss cooperation Trade, Industry and Energy Ministry’s Deputy Trade Minister Jeong Dae-jin attended a conference to discuss ROK-EU industrial and energy cooperation measures with European nations' ambassadors to South Korea.A total of 18 European countries’ ambassadors attended the event.Deputy Trade Minister Jeong introduced the industry, trade and ene... 2022-09-29
National Assembly ratifies ROK-Israel and ROK-Cambodia FTAs Trade Minister Ahn Duk-geun announced on September 27 that the National Assembly has ratified Korea’s FTAs with Israel and Cambodia, respectively. The ROK-Israel FTA was finalized in August 2019 after six official negotiation rounds, and submitted to the National Assembly this January. The ROK-Cambodia FTA was finalized in February 2021 after... 2022-09-29
Korea's retail industry grows 15.4% in August The Ministry of Trade, Industry and Energy (MOTIE) announced on September 28 that Korea’s retail sales in August posted year-on-year growth of 15.4 percent.Both physical and online retailers achieved growth in sales, up 14.5 percent and 16.4 percent, respectively.The Ministry releases monthly retail sales figures based on surveys of 25 m... 2022-09-28
MOTIE attends CEM13 and MI-7 to deepen global partnership for clean energy Trade, Industry and Energy Ministry’s Energy Industry Deputy Minister Cheon Young-gil attended the 13th Clean Energy Ministerial (CEM13) and 7th Mission Innovation Ministerial (MI-7) on September 21-23 in Pittsburg, U.S., representing South Korea.CEM was first launched in 2010 with aim to expand the distribution of clean energy and member sta... 2022-09-26
Korea and Canada sign Critical Minerals Supply Chain Cooperation MOUs Trade, Industry and Energy Minister Lee Chang-yang attended the business MOU signing ceremony for ROK-Canada Critical Minerals Supply Chain Cooperation held on September 22 in Toronto to discuss the importance of expanding the scope of bilateral critical minerals cooperation and joint response against global supply chain crises.A total of four MOUs... 2022-09-26