Ministry of Trade, Industry and Energy

Minister Lee holds Nuclear Energy Industry Conference

Trade, Industry and Energy (MOTIE) Minister Lee Chang-yang held the Nuclear Energy Industry Business Conference in Changwon, Gyeongnam on June 22 to discuss solutions to nuclear energy ecosystem challenges with aim to rebuild Korea into a global nuclear powerhouse.  With nuclear energy regaining global attention in light of power security and carbon neutrality, major nations are already deeply invested in the fierce competition for future nuclear energy hegemony. For instance, the U.S. is date2022-06-23

2nd Vice Minister holds Nuclear Energy Industry Competitiveness TF meeting

Trade, Industry and Energy 2nd Vice Minister Park Il-jun held the Nuclear Energy Industry Competitiveness Task Force meeting in Seoul on June 16 to discuss inter-ministerial measures for vitalizing the nuclear power ecosystem by seeking financial solutions and new projects in the market.   In his opening message, the Vice Minister noted that “nuclear energy is regaining attention both internally and globally in aspects of energy security and stable power supply,” and added tha date2022-06-20

2nd Vice Minister holds Critical Minerals Supply Chain Inspection Meeting

Trade, Industry and Energy 2nd Vice Minister Park Il-jun presided the Critical Minerals Supply Chain Inspection Meeting at the Lotte Hotel Seoul on June 9 to assess various challenges faced by domestic companies in the critical minerals market and to seek response measures amid the Ukraine crisis.   Noting that “global decarbonization initiatives are raising demand for rare earth elements, lithium, nickel, and such critical minerals,” the Vice Minister facilitated di date2022-06-13

Minister Lee meets with UAE Industry and Advanced Tech Minister

Trade, Industry and Energy Minister Lee Chang-yang held talks with Sultan Ahmed Al-Jaber, Minister of Industry and Advanced Technology of UAE on June 8 at the Lotte Hotel Seoul to discuss Korea-UAE industrial technology and energy supply chain cooperation. date2022-06-10

Korea and UAE to kick energy and tech cooperation into high gear

Trade, Industry and Energy Minister Lee Chang-yang met with Sultan Ahmed Al-Jaber, Minister of Industry and Advanced Technology of UAE and CEO of Abu Dhabi National Oil Company (ADNOC) at the Lotte Hotel Seoul on June 8 to discuss industrial technology and energy supply chain cooperation. The two industry chiefs agreed to expand economic cooperation onto new industries like digital transition, e-learning and bio based on the recent joint accomplishments, including the Barakah power plant, oilfi date2022-06-10

2nd Vice Minister holds talks with UAE's ENEC CEO

Trade, Industry and Energy 2nd Vice Minister Park Il-jun held talks with UAE’s Emirates Nuclear Energy Corporation CEO Mohammed Al Hammadi on May 31 regarding the ongoing Barakah nuclear power plant construction and measures to step up the two countries’ energy cooperation. ENEC CEO was visiting Korea to extend congratulations on Korea’s new government taking office and also to discuss the Barakah project, of which ENEC is project owner. The two energy chiefs exchanged views o date2022-06-07

Energy Vice Minister attends GHIAA launching ceremony

Trade, Industry and Energy 2nd Vice Minister Park Il-Joon attended the 2022 Global Hydrogen Industrial Association Alliance (GHIAA) Forum held at the Four Seasons Hotel Seoul on May 25 for countries to share their hydrogen industry status and trends. The forum was held both online and in-person for 18 countries to convene for the official launching of GHIAA, where the Vice Minister introduced Korea’s hydrogen economy policy directions in his congratulatory remarks and underscore date2022-05-30

Energy Vice Minister attends 2022 GHIAA Forum

Trade, Industry and Energy 2nd Vice Minister Park Il-Jun attended the 2022 Global Hydrogen Industrial Association Alliance (GHIAA) Forum held at the Four Seasons Hotel Seoul on May 25 for countries to share their hydrogen industry status and trends.   The GHIAA is a South Korea-led association that aims to promote hydrogen industry private sector cooperation, comprising 18 member states, including the U.S., UK and China. Vice Minister Park delivered a congratulatory message and participat date2022-05-27

Korea hosts 28th World Gas Conference

Trade, Industry and Energy Minister Lee Chang-yang attended the 28th World Gas Conference (WGC) held in Daegu, Korea, on May 24. The four-day conference is the global gas industry’s largest international event and is convened every three years by the International Gas Union (IGU). IGU member states’ gas trade takes up 95% of the world’s total gas volume. Over 20,000 people from approximately 80 countries are estimated to attend. A total of 370 companies will be gathering, incl date2022-05-27

MOTIE attends 37th IPHE meeting for hydrogen economy development

The Ministry of Trade, Industry and Energy (MOTIE) attended the general meeting videoconference of the “37th International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE)” on April 26-27. Member states shared their newly enforced hydrogen economy policies as follow-up to the previous meeting in November, as well as their respective working-level task progresses. IPHE consists of 23 nations, including South Korea, the U.S., Japan, China, France, UK, Australia, UAE, and date2022-04-27