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FTA/Economic Cooperation

MOTIE minister meets with Kazakh Deputy Prime Minister

MOTIE minister meets with Kazakh Deputy Prime Minister

Trade, Industry and Energy Minister Moon Sungwook (right) met with Kazakhstan’s Deputy Prime Minister Roman Skylar in Seoul, on October 21, to discuss follow-up measures to a summit agreement in August to expand economic and industrial cooperation between the two countries. Minister Moon expressed his gratitude that the Kazakhstani gov...

2021-10-21

Korea initiates process to join Digital Economic Partnership Agreement (DEPA)

The Office of the Minister for Trade at the Ministry of Trade, Industry and Energy officially notified New Zealand, the Depositary of the Digital Economic Partnership Agreement (DEPA), of Korea’s intent to join the Agreement on September 13. The government has completed the domestic procedures to initiate negotiations on Korea’s accessi...

2021-09-13

Korea, Colombia to expand cooperation in trade, investment

Korea, Colombia to expand cooperation in trade, investment

Trade, Industry and Energy Minister Moon Sungwook (left) attended a forum to discuss trade and investment cooperation between Korea and Colombia in Seoul, on August 25, held on the occasion of Colombian President Ivan Duque’s state visit to Korea. Minister Moon suggested further economic cooperation between the two countries in various...

2021-08-25

Korea, Kazakhstan sign 23 MOUs

Korea, Kazakhstan sign 23 MOUs

The Ministry of Trade, Industry and Energy organized a business roundtable with Kazakhstan on the occasion of Kazakh President Kassym-Jomart Tokayev’s state visit to Korea, on August 17, and the two countries signed 23 memorandums of understanding (MOUs) for cooperation in various industries including automobile and natural resources. ...

2021-08-19

Korea, Saudi Arabia to speed up cooperation in clean energy, bio-health, digital sectors

Korea, Saudi Arabia to speed up cooperation in clean energy, bio-health, digital sectors

Trade, Industry and Energy Minister Moon Sungwook met his Saudi counterpart, Khalid Al-Falih, on June 30, at a virtual meeting of Korea-Saudi Vision 2030 Committee, established in 2017 to expand bilateral ties between the two countries. Minister Moon suggested broader cooperation in hydrogen energy, bio-health, and digital transformation, which are...

2021-07-02

Trade Minister Yoo meets with APEC ministers

Trade Minister Yoo meets with APEC ministers

Trade Minister Yoo Myung-hee attended a virtual meeting of Asia Pacific Economic Cooperation (APEC) ministers, on June 5, and the ministers agreed to join efforts to overcome COVID-19 and support the rules-based multilateral trading system. Trade Minister Yoo said that Korea will make active contributions to accelerate the distribution of CO...

2021-06-07

Korea, MERCOSUR hold virtual TA talks

Korea, MERCOSUR hold virtual TA talks

Korea will hold the 6th round of Trade Agreement (TA) negotiations with a group of South American countries, known as MERCOSUR, virtually from June 1 to 4. Korea and the four member states of MERCOSUR – Brazil, Argentina, Paraguay and Uruguay – held five rounds of talks since the launch of negotiations in May 2018. After a...

2021-06-02

Korea, Indonesia to strengthen industrial cooperation

Korea, Indonesia to strengthen industrial cooperation

Trade, Industry and Energy Minister Moon Sungwook (center) met his Indonesian counterpart, Luhut Binsar Pandjaitan at a ministerial meeting in Seoul, on May 26, and discussed measures to expand bilateral cooperation and investment in industry and energy. The ministers shared the view that it is important to expand trade and investment as wel...

2021-05-26

Minister of Trade, Industry and Energy Organizes Korea-US Business Roundtable During President Moon Jae-in’s US Visit

Minister of Trade, Industry and Energy Organizes Korea-US Business Roundtable During President Moon Jae-in’s US Visit

During President Moon Jae-in’s visit to the US (May 20-23), MOTIE Minister Moon Sung-wook (left) took steps to reinforce economic cooperation between the two countries, including the Korea-US Business Roundtable attended by President Moon and US Secretary of Commerce Gina Raimondo.

2021-05-22

Minister of Trade, Industry and Energy Organizes Korea-US Business Roundtable During President Moon Jae-in’s US Visit

During President Moon Jae-in’s visit to the United States (May 20-23), Minister of Trade, Industry and Energy Moon Sung-wook took steps to reinforce economic cooperation between the two countries, including the Korea-US Business Roundtable attended by President Moon Jae-in and United States Secretary of Commerce Gina Raimondo.➊ Minister Moon ...

2021-05-22

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