Ministry of Trade, Industry and Energy

Korea to boost critical minerals supply chain and used battery industry

The Korean government announced during the Emergency Economic Ministerial Meeting held on December 13 measures for strengthening the industrial competitiveness of Korea’s secondary batteries over their entire life cycle. The measures aim to help maintain the global competitiveness of Korea's secondary battery industry as competition is intensifying with major countries’ efforts to secure the secondary battery supply chain, such as measures like the U.S.’ inflation reduction act date2023-12-13

Digital trade experts from Korea, China and Japan discuss digital trade policies and major issues

Trade, Industry and Energy Deputy Trade Minister Yang Byeong-nae attended the International Seminar on Digital Trade on December 8 at Korea University, held to seek measures for the development of digital trade rules with a focus on the Northeast Asian region, where there are countries strongly competitive in information and communications technology (ICT) and also closely tied to Korea in terms of geopolitics and trade. Hosted by the International Economic Law Association of Korea, organized date2023-12-08

Korea and Vietnam to push critical minerals supply chain cooperation in earnest

Trade, Industry and Energy Minister Bang Moon Kyu met with Vietnam’s Industry and Trade Minister Nguyen Hong Dien on December 7 at the Shilla Seoul to hold the 13th Korea-Vietnam Industrial Joint Committee and 7th Korea-Vietnam FTA Joint Committee meetings, where they discussed measures for stronger economic cooperation. During the Industrial Joint Committee meeting, the two leaders agreed to push forward the establishment of a critical minerals supply chain center and cooperati date2023-12-07

Vice Minister attends Bio MPE Global Supply Chain Conference

Trade, Industry and Energy Vice Minister Youngjin Jang attended the Bio MPE Global Supply Chain Conference on December 7 at the Westin Josun Seoul. Prior to the conference, Vice Minister Jang attended the ceremony for the signing of an MOU for stimulating investment in global R&D among bio MPE (materials, parts, equipment) suppliers, buyers and global corporations. At the conference that followed, Vice Minister gave an opening address and reviewed Korea’s bio MPE investment conditions date2023-12-07

Korea to enhance standards cooperation with Germany and Czech Republic

Jin Jong-wook, President of the Korean Agency for Technology and Standards (KATS) under the Ministry of Trade, Industry and Energy (MOTIE), attended the Korea-Germany Standards Cooperation Forum on December 7 at the Maritim Hotel Frankfurt in Germany, together with the heads of the German Institute for Standardization (DIN) and the German Commission for Electrotechnical, Electronic & Information Technologies of DIN and VDE (DKE) as part of follow-up measures to the Korea-Germany summit held date2023-12-07

Korea and Germany hold bilateral meeting on standards cooperation

Jin Jong-wook, President of the Korean Agency for Technology and Standards (KATS) under the Ministry of Trade, Industry and Energy (MOTIE), attended the bilateral Korea-Germany Standards Cooperation Forum on December 6 at the Maritim Hotel Frankfurt in Germany, and met with German Institute for Standardization (DIN) COO Michael Stephan, German Commission for Electrotechnical, Electronic & Information Technologies of DIN and VDE (DKE) Director Michael Teigeler and European Committee for Elect date2023-12-07

Bio MPE firms set out to take on global supply chain cooperation

Trade, Industry and Energy Vice Minister Youngjin Jang chaired the Bio MPE Global Supply Chain Conference on December 7 at the Westin Josun Seoul to inspect Korea’s current bio MPE (materials, equipment, parts) investment situation and issues, and led discussions on global supply chain cooperation. The Bio MPE Solidarity Cooperation Consultative Group (“Group”) is a public-private joint organization launched in September 2020 to build up the momentum for cooperation between Ko date2023-12-07

Korea and EU hold 1st Industrial Supply Chain Policy Dialogue meeting

Trade, Industry and Energy Vice Minister Youngjin Jang and Kerstin Jorna, Director General of the European Commission’s Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (DG GROW), held the first Korea-EU Industrial Supply Chain Policy Dialogue meeting on December 5 via videoconferencing and discussed major policies and measures for cooperation in supply chain emergency response, technological security and economic security. date2023-12-06

Minister chairs conference with CTOs on Comprehensive Strategy for Global Technology Cooperation

Trade, Industry and Energy Minister Bang Moon Kyu chaired the Chief Technology Officers’ Conference on December 5 at the Four Seasons Hotel Seoul with the chief technology officers (CTOs) of major companies and presented the Comprehensive Strategy for Global Technology Cooperation and led discussions on measures for improving related systems. The conference was attended by representatives of various companies in major industry sectors and related associations, including Korea Institute fo date2023-12-06

Korea to launch global projects to secure 180 vital and proprietary technologies

Trade, Industry and Energy Minister Bang Moon Kyu chaired the Chief Technology Officers’ Conference on December 5 at the Four Seasons Hotel Seoul with the chief technology officers (CTOs) of major companies and presented the Comprehensive Strategy for Global Technology Cooperation. Beginning 2024, the Ministry of Trade, Industry and Energy (MOTIE) plans to swiftly secure 80 “super gap” technologies and 100 industrial proprietary technologies by launching joint R&D projects date2023-12-05