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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 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 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
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
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
Korea, Israel sign free trade pact
Trade Minister Yoo Myung-hee (second from the right) attended the signing ceremony for the free trade agreement (FTA) between Korea and Israel in Seoul, on May 12. Trade Minister Yoo said that the Korea-Israel FTA will not only lower tariffs and improve the investment environment, but will also build a strong platform that boosts economic gr...
2021-05-13
Korea, Malaysia discuss further economic cooperation
Trade Minister Yoo Myung-hee met with her Malaysian counterpart Mohamed Azmin bin Ali in Seoul, on April 1, and exchanged views on expanding economic cooperation between the two countries.In particular, the two ministers discussed pending trade issues including the early implementation of the Regional Comprehensive Economic Partnership (RCEP), Kore...
2021-04-02
Korea, Indonesia sign CEPA
Trade, Industry and Energy Minister Sung Yunmo (right) attended the signing ceremony of the Korea-Indonesia Comprehensive Economic Partners Agreement (CEPA) in Seoul, on December 18, the first bilateral free trade agreement with an ASEAN member country since the announcement of the New Southern Policy in November 2017. The agreement came eig...
2020-12-18
Trade Minister Yoo discusses policy strategies to boost exports at FTA policy forum
Trade Minister Yoo Myung-hee held the FTA policy forum with FTA-related companies, agencies, and trade experts at the Korea International Trade Association (KITA) in Seoul, on December 16, to discuss policy directions in response to the rapidly changing trade environment amid pandemic. At the meeting, measures to utilize the recently signed ...
2020-12-18
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