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MOTIE holds ROK-Sweden Digital Economy and Trade Forum
Trade Minister Yoo Myung-hee delivered welcoming remarks on the occasion of the Korea-Sweden Digital Economy and Trade Forum, held to strengthen digital cooperation between the two countries, on November 23.She stressed the need to reorganize international norms for digital trade, and expressed expectations for further business cooperation between ...
2020-11-25
Korea, Turkmenistan vow to strengthen comprehensive economic cooperation
Trade, Industry and Energy Minister Sung Yun-mo attended the 8th Meeting of Korea-Turkmenistan Intergovernmental Committee on Trade-Economic and Scientific-Technical Cooperation virtually on November 23, and discussed measures to expand bilateral cooperation in various areas including trade, investment, energy plants, industry, and information and ...
2020-11-24
October retail sales in Korea expand 8.4%
The Ministry of Trade, Industry and Energy announced on November 23 that Korea’s overall retail sales in October went up 8.4 percent compared to the same period last year. Sales of offline and online retailers improved 2.1 percent and 17.1 percent, respectively. The Ministry releases monthly retail sales figures based on surveys of 26 major r...
2020-11-24
Minister Sung visits site of smart manufacturing demo factory
Trade, Industry and Energy Minister Sung Yun-mo made an on-site visit to the site of smart green industrial projects in Changwon on November 20, to celebrate the construction of a smart manufacturing demo factory. The smart manufacturing demo factory is a testbed incorporating advanced Information and Communications Technology (ICT) such as ...
2020-11-23
Deputy Minister Joo meets with ASEAN+, EAS energy ministers
Deputy Minister for Energy and Resources Joo Young-joon attended the 17th ASEAN+3 Ministers on Energy Meeting and the 14th EAS Energy Ministers Meeting held virtually on November 20, to discuss with member countries measures to support a sustainable energy future.
2020-11-23
Minister Sung attends forum to discuss digital-based industrial innovation
Trade, Industry and Energy Minister Sung Yun-mo attended the Digital-based Industrial Innovation Forum, co-organized by the National Academy of Engineering of Korea, in Seoul on November 19, to discuss innovative growth strategies for digital-based industries. Minister Sung emphasized the importance of industrial digital transformation in th...
2020-11-23
Minister Sung holds public-private meeting to talk about RCEP
Trade, Industry and Energy Minister Sung Yun-mo held a meeting with representatives from major industries, research institutes and economic organizations in Yeouido on November 18 to discuss ways to utilize the Regional Comprehensive Economic Partnership (RCEP) effectively to encourage Korea’s exports and industrial development. Minister Sung...
2020-11-18
Korea, Kazakhstan discuss measures for economic cooperation in various fields
Trade, Industry and Energy Minister Sung Yun-mo attended the 9th Meeting of Korea-Kazakhstan Intergovernmental Committee on Trade-Economic and Scientific-Technical Cooperation through videoconference on November 17, and discussed measures for cooperation in trade, investment, industry, energy, science and technology, health and medicine, agricultur...
2020-11-17
Industry Ministry holds industrial strategy dialogue with research institutes
Trade, Industry and Energy Minister Sung Yun-mo (center) held a meeting with representatives of major research institutes in Seoul on November 16, to discuss the future direction for industrial policy in response to the prolonged COVID-19 crisis.At the meeting, Minister Sung mentioned three current issues surrounding Korea’s industrial e...
2020-11-17
[JOINT MINISTERIAL STATEMENT - 31ST APEC MINISTERIAL MEETING 2020]
JOINT MINISTERIAL STATEMENT 31st APEC MINISTERIAL MEETING 2020 We, the APEC Ministers, met on 16 November 2020, under the Chairmanship of The Honourable Dato' Seri Mohamed Azmin Ali, Senior Minister and Minister of International Trade and Industry, Malaysia. This marks the first time that the APEC Ministerial Meeting (AMM) has convened virtua...
2020-11-17
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