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Trade Minister discusses exports with R&D institutions
Minister for Trade Dukgeun Ahn held a conference on exports with R&D institutions at the Korea Chamber of Commerce and Industry (KCCI) on January 26 to forecast Korea’s economy and exports performance for 2023 and share government policies on exports strengthening measures. Trade Minister Ahn assessed the impact of difficult extern...
2023-01-26
Korea and UAE agree to strengthen public-private economic cooperation
Trade, Industry and Energy Ministry’s Deputy Trade Minister Jeong Dae-jin held the working group meeting of Korea-Middle East public-private joint committee for economic cooperation on January 25 at the Korea International Trade Association (KITA) in the attendance of relevant ministries, public institutions and private sector companies. The ...
2023-01-26
MOTIE holds public-private working group meeting on Korea-Middle East economic cooperation
Trade, Industry and Energy Ministry’s Deputy Trade Minister Jeong Dae-jin held the public-private joint committee working group meeting on Korea-Middle East economic cooperation on January 25 at the Korea International Trade Association (KITA) to discuss 48 implementation measures following recent MOUs, building upon the Korea-UAE summit dipl...
2023-01-25
Trade Minister attends trade ministerial sessions at Davos
Minister for Trade Dukgeun Ahn attended the World Economic Forum (WEF) 2023 held in Davos, Switzerland, as of January 18, where he partook in various sessions discussing key issues with many other countries’ government and business leaders. He attended “The Case for Trade” session with U.S. Trade Representative Katherine Ta...
2023-01-20
Minister discusses investment deals with global companies at Davos
Trade, Industry and Energy Minister Lee met with the management personnel of German multinational science and technology company Merck and Swiss healthcare company Novartis, respectively, at Davos on January 19 to discuss investment in Korea. Merck Life Science CEO Matthias Heinzel shared investment achievements and future cooperation measur...
2023-01-20
Trade Minister attends trade ministerial sessions at Davos
Minister for Trade Dukgeun Ahn attended the World Economic Forum (WEF) 2023 held in Davos, Switzerland, as of January 18, where he partook in various sessions discussing key issues with many other countries’ government and business leaders. Trade Minister Ahn attended the “The Case for Trade”, “Busting Business Barriers&rdqu...
2023-01-20
Minister discusses investment deals with global companies
The Ministry of Trade, Industry and Energy (MOTIE) announced on January 18 the decision of world-leading Danish wind turbine manufacturer Vestas to invest USD 300 million in South Korea, to which the company is positively considering moving its Asia-Pacific regional headquarters to South Korea. An investment deal ceremony was held in Davos, Switzer...
2023-01-20
Minister holds investment deal ceremony with top wind turbine producer
Trade, Industry and Energy Minister Lee Chang-yang and Vestas CEO Henrik Andersen, on the occasion of the World Economic Forum (WEF), held an investment deal signing ceremony on January 18 in Davos, regarding Vestas’ $300 million investment to build a large-scale plant in Korea for manufacturing wind turbine equipment and parts with plans of ...
2023-01-19
Trade Minister holds MOU ceremony for trade promoting institutions
Minister for Trade Dukgeun Ahn held an MOU signing ceremony with the Trade Promotion Institutions Committee on January 13 in Seoul to promote close communication and cooperation between the Government and exports supporting institutions amid the rapidly changing trade environment. The event was attended by representatives of relevant ministr...
2023-01-16
Korea-Singapore Digital Partnership Agreement enters into force
The Ministry of Trade, Industry and Energy (MOTIE) announced on January 14 that the Korea-Singapore Digital Partnership Agreement (hereinafter “KSDPA”) comes into effect starting January 14 as both countries’ domestic procedures are completed. The two sides, following their KSDPA signing ceremony held in November 2022, have exchan...
2023-01-16
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