Ministry of Trade, Industry and Energy

Minister holds 10th MPE Competitiveness Committee Meeting

Trade, Industry and Energy Minister Lee Chang-yang held the 10th MPE (Materials, Parts and Equipment) Competitiveness Committee on October 18 at the Government Complex Seoul to discuss new policy directions under the new regime and extended scope of MPE core strategic technologies.   The meeting was attended by relevant officials and other experts, including Economy and Finance Minister Choo Kyung-ho, SMEs and Startups Minister Lee Young and Korea University Professor Ha Jeong-sook. &nbs date2022-10-19

MOTIE announces MPE industry policies

Trade, Industry and Energy Minister Lee Chang-yang held the 10th Materials, Parts and Equipment (MPE) Competitiveness Committee (hereinafter “Committee”) Meeting at the Government Complex Seoul on October 18 to discuss and confirm MPE policy directions under South Korea’s new regime. A first under the Yoon administration, the meeting was held against the backdrop of prolonged Russia-Ukraine war and intensifying U.S.-China technology hegemony race among other internal and exter date2022-10-19

1st Vice Minister holds 35th Business Realignment Deliberative Committee Meeting

Trade, Industry and Energy 1st Vice Minister Jang Young-jin presided the 35th Business Realignment Deliberative Committee Meeting on October 12 at the Lotte Hotel Seoul in the presence of government officials and private sector members to deliberate 17 items of various sectors, including future cars, bio, agricultural cooperative and eco-friendly. date2022-10-13

Minister holds 1st Business Realignment & Banks Joint Strategy Meeting

Trade, Industry and Energy Minister Lee Chang-yang presided the 1st Business Realignment & Banks Joint Strategy Meeting & MOU Signing Ceremony held at the Korea Chamber of Commerce and Industry (KCCI) on October 6 and signed the MOU on strengthening banks’ support for companies that grant approval for business realignment.   The meeting was convened to discuss the establishment of a cooperation system between the Ministry and Korea’s Financial Supervisory Service (FSS) date2022-10-07

1st Vice Minister attends 17th Electronics & IT Day

Trade, Industry and Energy 1st Vice Minister Jang Young-jin attended the 17th Electronics & IT Day on October 5 at COEX in Seoul to award contributors to the national development of electronics and IT industries’ competitiveness.   In his congratulatory message, the Vice Minister encouraged the industry leaders for their hard work despite difficult conditions and assured that “technology development funding shall be provided for the bold attempts of innovation of entrepren date2022-10-05

1st Vice Minister attends Industrial Complex Digital Control Center Opening Ceremony

Trade, Industry and Energy 1st Vice Minister Jang Young-jin attended the Gwangju High-Tech Industrial Complex Digital Control Center Opening Ceremony on September 28 and congratulated the launching of the prevention system for water disasters and fires amid recent heavy rains and typhoons that caused damage across industrial complexes.   The event was attended by approximately 20 persons, including Gwangju Deputy Mayor Kim Gwang-jin, Korea Industrial Complex Corporation Chairman Kim Jeong date2022-10-04

Korea and Germany hold Industry Working Group Meeting

The Ministry of Trade, Industry and Energy's Deputy Minister for the Office of Industrial Policy Joo Young-joon attended the “2nd ROK-Germany Meeting of the Industry Working Group of MOTIE and BWMK” held on September 30 at the Korea Chamber of Commerce and Industry (KCCI) to discuss U.S.’ IRA, supply chain crisis and decarbonization strategies with German counterparts, including Germany's Ministry of Economic Affairs and Climate Action Industrial Policy Director General Bernhar date2022-09-30

Minister holds Automobile Industry Strategy Roundtable

Trade, Industry and Energy Minister Lee Chang-yang presided the “Automobile Industry Strategy Roundtable” on September 28 at the Korea Chamber of Commerce and Industry (KCCI) in Seoul to discuss public-private joint strategies in achieving industrial transformation amid the rapidly changing global auto industry.   The Minister gave opening remarks, then shared the outcomes from the recent ROK-U.S. IRA negotiations, and facilitated talks on “three strategies for the globa date2022-09-29

1st Vice Minister attends 13th Display Day Ceremony

Trade, Industry and Energy 1st Vice Minister Jang Young-jin attended the 13th Display Day Ceremony on September 22 at the JW Marriott Hotel Seoul to congratulate OLED’s global no. 1 ranking and promote solidarity among domestic display industry business leaders.   In his congratulatory message, Vice Minister Jang stated that “the Ministry will fully support domestic firms’ investment and innovation efforts to attain supergap competitiveness amid difficult date2022-09-26

1st Vice Minister attends Industrial Complex Day 2022

Trade, Industry and Energy 1st Vice Minister Jang Young-jin attended the ceremony for Industrial Complex Day 2022 on September 22 at G-Tower in Seoul, held to celebrate the achievements of Korea’s industrial complexes and encourage tenant companies and entrepreneurs.   Vice Minister Jang delivered a congratulatory message and awarded 66 orders and medals of merit, including the Iron Tower Order of Industrial Service Merit given to K Elim New Star CEO Kim Gi-won, for contributing to date2022-09-26