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Energy
Korea and Germany strengthen cooperation in clean hydrogen
Trade, Industry and Energy Vice Minister Kang Kyungsung attended the Korea-Germany Hydrogen Conference held through October 31-November 1 at the EL Tower in Seoul for expanding the scope of bilateral cooperation in hydrogen policies, industries and technology. Co-organized by Germany’s Fraunhofer Center for International Management and Knowledge Economics and H2KOREA, the conference was attended by approximately 100 experts of both countries’ governments, hydrogen-related corporatio date2023-11-02
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Energy
Korea and Germany to strengthen cooperation in advanced industries & carbon neutrality
Minister for Trade Dukgeun Ahn met Udo Philipp, State Secretary for Germany’s Federal Ministry of Economic Affairs and Climate Action, on October 30 at the Lotte Hotel Seoul to discuss bilateral cooperation measures in advanced industries and achieving carbon neutrality, and asked support for World Expo 2030 Busan. Noting the 140th anniversary of diplomatic relations between Korea and Germany, Trade Minister Ahn assessed that Korea and Germany, through the free trade agreement, developed date2023-11-02
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Energy
MOTIE discusses Korean companies' energy cooperation with Malaysia's Petronas
Deputy Minister for Energy Policy Lee Ho-hyeon met with Malaysia’s state-owned Petronas COO Adnan Zainal Abidin on October 27 at the Lotte Hotel Seoul to discuss measures for bilateral cooperation in energy areas, including LNG, hydrogen and CCS. date2023-10-31
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Energy
MOTIE discusses Korean companies' energy cooperation with Malaysia's Petronas
Deputy Minister for Energy Policy Lee Ho-hyeon met Petronas COO Adnan Zainal Abidin on October 27 in Seoul to discuss measures for cooperation in LNG, hydrogen, CCS (carbon capture and storage) and other energy areas. Petronas is Malaysia’s state-owned energy company currently engaging in a number of joint projects with Korean firms. The above talks came to be held on the occasion of COO Abidin’s visit to Korea seeking potential business partners. On LNG, Deputy Minister Lee highli date2023-10-31
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Energy
CF Alliance takes off to lead global discussions on carbon neutrality standards
Trade, Industry and Energy Minister Bang Moon Kyu attended the launching ceremony for the Carbon Free (CF) Alliance on October 27 at the Korea Chamber of Commerce and Industry (KCCI). The event was also attended by Prime Minister Han Duck-soo, heads of national policy research institutes and representatives of member companies, including SK Hynix, Hyundai Motor, LG Chem and POSCO. date2023-10-31
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Energy
CF Alliance takes off to lead global discussions on carbon neutrality standards
The Ministry of Trade, Industry, and Energy (MOTIE) announced that the launching ceremony for the Carbon Free (CF) Alliance took place on October 27 at the Korea Chamber of Commerce and Industry (KCCI), attended by Korea’s Prime Minister Han Duck-soo, representatives of member companies, and heads of national policy research institutes. The Alliance is viewed to play a crucial role in promoting the Carbon Free Energy (CFE) Initiative, as proposed by President Yoon Suk Yeol during his keyno date2023-10-30
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Energy
Korea paves the way for global recognition of domestic carbon footprint verification system
The Ministry of Trade, Industry, and Energy (MOTIE) announced on October 26 that the Korea Institute of Industrial Technology (KITECH) signed a memorandum of understanding (MOU) with the Carbon Footprint International Alliance (CFIA), a coalition consisting of carbon footprint verification system operators from various countries for mutual acknowledgement and validation of each country’s carbon footprint verification process. The MOU aims to attain global accreditation for the global carbo date2023-10-30
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Energy
Minister Bang discusses cooperation with Qatari Minister of State for Energy Affairs
Trade, Industry and Energy Minister Bang Moon Kyu met Qatar's Minister of State for Energy Affairs and QatarEnergy CEO Saad Sherida Al-Kaabi on October 25 in Qatar to discuss measures for bilateral energy cooperation. date2023-10-30
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Energy
Korea and Qatar upgrade LNG partnership to cooperation in trade and new industries
The Ministry of Trade, Industry and Energy (MOTIE) announced on October 25 that one agreement and two memorandums of understanding (MOUs) were signed between Korea and Qatar on the occasion of the Korea-Qatar summit meeting held on October 25 in Doha, Qatar. First, MOTIE Minister Bang Moon Kyu and Qatar’s Commerce and Industry Minister Mohammed bin Hamad bin Qassim Al Abdullah Al Thani signed the Trade and Investment Promotion Framework (TIPF) MOU for the diversifying of bilateral coopera date2023-10-30
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Energy
Korea and Canada discuss critical minerals supply chain cooperation
Deputy Minister for Trade Yang Byeong-nae met Mark Schaan, Canada’s Senior Assistant Deputy Minister for Strategy and Innovation Policy at the Department of Innovation, Science and Economic Development (ISED) on October 25 at the Plaza Hotel Seoul to discuss measures to strengthen bilateral economic cooperation for critical minerals supply chain resiliency. date2023-10-27