Ministry of Trade, Industry and Energy

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

Korea and Canada sign Critical Minerals Supply Chain Cooperation MOUs

Trade, Industry and Energy Minister Lee Chang-yang attended the business MOU signing ceremony for ROK-Canada Critical Minerals Supply Chain Cooperation held on September 22 in Toronto to discuss the importance of expanding the scope of bilateral critical minerals cooperation and joint response against global supply chain crises. A total of four MOUs were signed, including three MOUs between Korea’s LG Energy Solution and three Canadian companies (Avalon, Electra, Snow Lake) on cooperation date2022-09-26

Korea and Canada renew Industrial Technology & Innovation Partnership MOU

Trade, Industry and Energy Minister Lee Chang-yang, on the occasion of President Yoon Suk-yeol’s state visit, held a luncheon meeting with Canada's Innovation, Science and Industry Minister Francois-Philippe Champagne on September 23 at the Sheraton Ottawa Hotel in Canada to discuss bilateral cooperation in supply chain and industrial collaboration. The two Ministers concurred that ROK-Canada’s technology and investment cooperation is continuously deepening amid global supply chain date2022-09-26

Minister attends International Forum on Resilient and Stable Industrial Supply Chains

Trade, Industry and Energy Minister Lee Chang-yang attended the International Forum on Resilient and Stable Industrial Supply Chains held in China by videoconferencing on September 19 and gave a congratulatory message for its opening ceremony.   The forum was first proposed by China during the G20 meetings in October 2021, and hosted by the Ministry of Industry and Information Technology (MIIT) on September 18-19, with the participation of international organizations and various countries date2022-09-20