-
Trade/Investment
Korea and Chile restart negotiations for upgrading FTA
Trade, Industry and Energy Ministry’s FTA Policy Planning Director Ahn Chang-yong headed the Korean delegation for the seventh round of official negotiations to upgrade a free trade agreement (FTA) with Chile on May 22-24 in Santiago. The seventh round of negotiations were launched subsequent to follow-up consultations between the two countries on the occasion of Korean Prime Minister Han Duck-soo’s visit to Chile last October. Prior to negotiations, delegation head Ahn stated that date2023-05-26
-
Trade/Investment
Korea and Germany discuss measures to bolster supply chain cooperation
Minister for Trade Dukgeun Ahn met with Jörg Kukies, Germany’s State Secretary for Economic, Finance and European Affairs at the Federal Chancellery, on May 22 at the Lotte Hotel Seoul to discuss measures to bolster Korea-Germany supply chain cooperation. Germany is Korea’s largest European trading partner, with bilateral trade reaching historic highs in 2022 (USD 33.7 billion). The two countries’ economic and industrial supply chain cooperation is expected to deepen on t date2023-05-25
-
Trade/Investment
MOTIE sends economic delegation to Estonia, Lithuania & Finland
Trade, Industry and Energy Ministry’s Deputy Trade Minister Jeong Dae-jin is heading Korea’s economic delegation to Estonia, Lithuania and Finland and meeting with high-level officials through May 22-26 to discuss measures for expanding trade and investment, industrial cooperation in secondary batteries, bio and nuclear energy, cooperation on EU trade issues and in digital, high-tech areas. The economic delegation includes members from the Korea Trade-Investment Promotion Agency (KO date2023-05-25
-
Trade/Investment
Korea and Singapore hold 1st Digital Economy Dialogue
Trade, Industry and Energy Ministry’s Deputy Trade Minister Jeong Dae-jin attended the 1st Korea-Singapore Digital Economy Dialogue on May 19 at the Korea International Trade Association (KITA), where representatives of the two countries’ digital firms gathered to discuss bilateral cooperation measures. A first digital trade agreement for Korea, the Dialogue was hosted by Korea’s Ministry of Trade, Industry and Energy (MOTIE) and Singapore’s Ministry of Trade and Industr date2023-05-25
-
Trade/Investment
Korea and Switzerland discuss cooperation in bio and trade
Minister for Trade Dukgeun Ahn met with Guy Parmelin, Federal Councillor Head of Switzerland’s Federal Department of Economic Affairs, Education and Research, on May 18 at the Lotte Hotel Seoul and discussed measures for expanding Korea-Switzerland cooperation in bio and trade. date2023-05-24
-
Trade/Investment
Trade Minister attends 55th Korea-Japan Business Conference
Minister for Trade Dukgeun Ahn attended the 55th Korea-Japan Business Conference on May 16 at the Lotte Hotel Seoul for the implementation of agreements made during the Korea-Japan summit meeting and strengthening of business cooperation between the two countries. In his opening message, Trade Minister Ahn requested that “Korean and Japanese business leaders actively contribute to the acceleration of the two countries’ forward-looking economic cooperation,” and assured that th date2023-05-24
-
Trade/Investment
Trade Minister attends 55th Korea-Japan Business Conference
Minister for Trade Dukgeun Ahn attended the 55th Korea-Japan Business Conference on May 16 at the Lotte Hotel Seoul for the implementation of agreements made during the Korea-Japan summit meeting and strengthening of business cooperation between the two countries. Hosted by the Korea-Japan Economic Association (KJE), Korea-Japan Cooperation Foundation for Industry and Technology (KJCF) and their Japanese counterparts, the Conference was the first in four years to be held in-person and was atten date2023-05-24
-
Trade/Investment
Trade Minister and WTO Director-General discuss WTO reform measures
Minister for Trade Dukgeun Ahn met with Ngozi Okonjo-Iweala, Director-General of the World Trade Organization, on May 22 at the Shilla Seoul to discuss measures for WTO reform and restoration of the multilateral trading system. Addressing the challenges being made against the multilateral trading system, Trade Minister Ahn stated that it is important to gain meaningful outcomes from the upcoming MC13 and discussed measures to achieve this aim in areas of WTO reform, normalization of the date2023-05-23
-
Trade/Investment
Minister chairs 2nd Pan-Ministerial Export Situation Assessment Meeting
Minister Lee Chang-yang chaired the 2nd Pan-Ministerial Export Situation Assessment Meeting on May 16 at the Government Complex Seoul to select the promising export items among the core manufacturing industry and 12 prospective export areas. In his opening message, the Minister stated that “export conditions are still challenging due to slowdowns in the semiconductor industry and global economy, and whole-of-the-government efforts are required to achieve a powerful rebound out of the tr date2023-05-22
-
Trade/Investment
Korea and Germany discuss measures to bolster supply chain cooperation
Minister for Trade Dukgeun Ahn met with Jörg Kukies, Germany’s State Secretary for Economic, Finance and European Affairs at the Federal Chancellery, on May 22 at the Lotte Hotel Seoul to discuss measures to bolster Korea-Germany supply chain cooperation. date2023-05-22