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Korea's exports grow 2.8% in September
The Ministry of Trade, Industry and Energy announced on October 1 that Korea’s exports in September increased 2.8 percent to USD 57.5 billion, a historic high for the month of September. Korea’s exports have risen for 23 consecutive months since November 2020 amid the Russia-Ukraine war and sluggish global economy. The growth, albe...
2022-10-04
Trade Minister holds conference regarding U.S.’ bio executive order
Trade Minister Ahn Duk-geun presided the “Public-Private Joint Conference on Countermeasures to U.S.’ Bio Executive Order” on September 26 at the Korea Chamber of Commerce and Industry (KCCI) in Seoul with relevant ministries and industry representatives to discuss Korea’s response measures. The meeting was attended b...
2022-09-30
MOTIE and European nations' Ambassadors to Korea discuss cooperation
Trade, Industry and Energy Ministry’s Deputy Trade Minister Jeong Dae-jin attended a conference to discuss ROK-EU industrial and energy cooperation measures with European nations' ambassadors to South Korea. A total of 18 European countries’ ambassadors attended the event, including the Ambassador of the European Union to the Rep...
2022-09-29
Minister discusses energy crisis response with Korea's "Top 10"
Trade, Industry and Energy Minister Lee Chang-yang held a conference with Korea’s top 10 companies and associations on September 26 to discuss the current energy crises and to seek public-private joint response measures. Among those present were representatives of Samsung Electronics, SK's SUPEX Council, Hyundai Steel, LG and Lotte Chemical. ...
2022-09-29
MOTIE and European nations' Ambassadors to Korea discuss cooperation
Trade, Industry and Energy Ministry’s Deputy Trade Minister Jeong Dae-jin attended a conference to discuss ROK-EU industrial and energy cooperation measures with European nations' ambassadors to South Korea. A total of 18 European countries’ ambassadors attended the event. Deputy Trade Minister Jeong introduced the industry, trade and e...
2022-09-29
Korea's retail industry grows 15.4% in August
The Ministry of Trade, Industry and Energy (MOTIE) announced on September 28 that Korea’s retail sales in August posted year-on-year growth of 15.4 percent. Both physical and online retailers achieved growth in sales, up 14.5 percent and 16.4 percent, respectively. The Ministry releases monthly retail sales figures based on surveys of 25...
2022-09-28
Trade Minister attends Trade, Investment & Industry Ministerial G20 Meeting
Trade Minister Ahn Duk-geun attended the Trade, Investment and Industry Ministerial G20 Meeting held in Bali, Indonesia on September 21-23 to discuss supply chain reinforcement, digital trade, WTO reform and green investment. Bilateral talks with the U.S., Indonesia, India and several other G20 member states were also held on the sidelines. ...
2022-09-23
MOTIE holds North American Investment Notification Ceremony and Investors Roundtable
The Ministry of Trade, Industry and Energy (MOTIE) held the North American Investment Notification Ceremony and Investors Roundtable on September 22 (local time) at the JW Marriott Essex House in New York on the occasion of South Korea’s President Yoon Suk-yeol’s first visit to the U.S. The Ministry announced that the event had drawn a...
2022-09-23
Trade Minister attends Trade, Investment & Industry Ministerial G20 Meeting
Trade Minister Ahn Duk-geun attended the Trade, Investment and Industry Ministerial G20 Meeting held in Bali, Indonesia on September 21-23 to discuss supply chain reinforcement, digital trade, WTO reform and green investment. Bilateral talks with the U.S., Indonesia, India and several other G20 member states were also held on the sidelines. Fo...
2022-09-23
Minister holds talks in Washington over IRA and CHIPS Act
Trade, Industry and Energy Minister Lee Chang-yang visited Washington D.C. on September 21 to meet with U.S. Secretary of Commerce Gina Raimondo and U.S. Representatives Kathy Castor and Barry Moore to raise concerns over IRA and CHIPS Act, and also exchanged views on ROK-U.S. supply chain cooperation.
2022-09-22
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