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440th Korea Trade Commission gives preliminary determination on anti-dumping duties
The Ministry of Trade, Industry, and Energy (MOTIE) held the 440th Korea Trade Commission meeting on September 21 and based on the preliminary determination regarding domestic industrial injury from Egyptian white Portland cement, decided to recommend that the Ministry of Economy and Finance (MOEF) impose provisional anti-dumping duties of 72.23 pe...
2023-09-26
Korea and Finland enter TIPF MOU
Trade, Industry and Energy Ministry’s Deputy Minister for FTA Negotiations Roh Keon-ki and Finland’s Under-Secretary of State for International Trade Jarno Syrjälä signed the Trade Investment Promotion Framework (TIPF) memorandum of understanding (MOU) at the commemoration event for the 50th anniversary of the establishment of...
2023-09-22
Korea and Vietnam kick off Plus Joint Working Group Meeting
The Ministry of Trade, Industry and Energy (MOTIE)’s International Trade Relations Director General Kim Jong-cheol met Tran Quang Huy, Director of the African, West and South Asian Markets Department at the Ministry of Industry and Trade (MoIT) of Vietnam on September 14 at the Lotte Hotel Seoul to attend the 1st Korea-Vietnam Plus Joint Work...
2023-09-15
Korea and Vietnam kick off Plus Joint Working Group Meeting
The Ministry of Trade, Industry, and Energy (MOTIE) held the first meeting of the 'Vietnam-Korea Plus Joint Working Group' on September 14 to discuss measures to accelerate the achievement of a USD 150 billion trade volume between Korea and Vietnam by 2030. This initiative builds on the trade and investment MOU signed during President Yoon Suk Yeol...
2023-09-15
Korea's ICT exports decline 16.7% in August
The Ministry of Trade, Industry and Energy (MOTIE) announced on September 14 that Korea's exports and imports of information and communications technology (ICT) goods for August recorded USD 16.1 billion (down 16.7 percent year-on-year) and $11.1 billion (down 18.1 percent), respectively. The trade balance stood at a surplus of $5.0 billion. ICT ex...
2023-09-15
Korea and U.S. discuss measures to bolster trade & economic cooperation
Deputy Minister for Trade Jeong Dae-jin met with Ramin Toloui, U.S. Assistant Secretary of State for Economics and Business Affairs, on September 13 in Seoul and discussed follow-up measures to the Korea-U.S.-Japan Summit, Inflation Reduction Act (IRA), the CHIPS and Science Act, and other measures to bolster Korea-U.S. economic and trade cooperati...
2023-09-14
Korea and U.S. discuss measures to bolster trade & economic cooperation
Deputy Minister for Trade Jeong Dae-jin met with Ramin Toloui, U.S. Assistant Secretary of State for Economics and Business Affairs, on September 13 in Seoul and discussed measures to bolster economic and trade cooperation between Korea and the U.S. Deputy Trade Minister Jeong assessed that the relationship between the two countries, which began as...
2023-09-14
Korea hosts Global Bio & Pharma Plaza 2023
The Ministry of Trade, Industry and Energy (MOTIE) is hosting the Global Bio & Pharma Plaza 2023 (GBPP 2023) from September 14-15 in Jamsil, organized by Korea Trade-Investment Promotion Agency (KOTRA) and the Korea Pharmaceutical Traders Association (KPTA). Approximately 200 companies, including 100 overseas buyers like Merck and other big pha...
2023-09-14
Korea and Mongolia discuss measures to strengthen rare metals cooperation
Trade, Industry and Energy Vice Minister Kang Kyungsung met with Mongolia’s Mining and Heavy Industry Minister Jambal Ganbaatar on September 12 in Seoul to discuss measures for strengthening Korea-Mongolia cooperation in rare metals.
2023-09-13
Korea and Mongolia discuss measures to strengthen rare metals cooperation
Trade, Industry and Energy Vice Minister Kang Kyungsung met with Mongolia’s Mining and Heavy Industry Minister Jambal Ganbaatar on September 12 in Seoul to discuss measures for strengthening Korea-Mongolia cooperation in rare metals. Mongolia is a resource-rich home to molybdenum, pewter and other various rare metals, with a notably large res...
2023-09-13
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