Ministry of Trade, Industry and Energy

Korea to strengthen economic cooperation with Trinidad and Tobago

Trade, Industry and Energy Minister Bang Moon Kyu visited the Republic of Trinidad and Tobago as Special Presidential Envoy to strengthen industrial and energy cooperation with Latin American nations on November 2, on the heels of his visit to Chile (Oct. 29-Nov.1). This is the first visit made to the Caribbean island country by Korea’s trade, industry and energy minister. The visit was accompanied by an economic delegation composed of 28 representatives of public and private organization date2023-11-09

Korea discusses trade and energy cooperation with Malta

Trade, Industry and Energy Vice Minister Kang Kyungsung met Ian Borg, Malta’s Minister for Foreign and European Affairs and Trade, on November 7 in Seoul and discussed measures for expanding trade and investment, eco-friendly energy cooperation and other bilateral economic collaboration measures. Vice Minister Kang noted that, while the bilateral trade volume between Korea and Malta is not large, there exists various aspects that call for greater trade and investment, such as Malta’ date2023-11-08

Korea and Japan discuss future economic cooperation at 16th Industrial Technology Fair

The Ministry of Trade, Industry and Energy (MOTIE), together with the Korea-Japan Cooperation Foundation for Industry and Technology and Japan-Korea Cooperation Foundation for Industry and Technology, launched the 16th Korea-Japan Industrial Technology Fair on November 7 and proposed future directions for bilateral economic cooperation. Launched in 2008, the 16th Korea-Japan Industrial Technology Fair has served as the primary venue for Korea-Japan business exchanges between both countries&rsqu date2023-11-07

Korean delegation participates in the 7th IPEF negotiating round

Trade, Industry and Energy Ministry’s Deputy Minister for Trade Negotiations Roh Keon-ki is heading the Korean delegation from November 5-12 in the seventh round of official in-person negotiations for the Indo-Pacific Economic Framework for Prosperity held in San Francisco, U.S. The Korean delegation is composed of representatives of approximately 20 government ministries. The seventh negotiating round was launched 10 days on the heels of the sixth negotiating round held in Malaysia date2023-11-07

Korea and Georgia hold EPA Business Roundtable

Minister for Trade Dukgeun Ahn attended the Korea-Georgia Economic Partnership Agreement (EPA) Business Roundtable held on November 2 on the sidelines of the announcement of the launch of official EPA negotiations. The roundtable was attended by Georgia’s Deputy Minister of Economy and Sustainable Development Genadi Arveladz, as well as both countries’ delegations and private sector groups in promising areas for cooperation, such as critical minerals, energy and supply chain. date2023-11-06

Korea and Georgia announce commencement of EPA negotiations

Minister for Trade Dukgeun Ahn and Georgia’s Deputy Minister of Economy and Sustainable Development Genadi Arveladze announced on November 2 at the Le Meridien Seoul the commencement of the official negotiation process for the Korea-Georgia Economic Partnership Agreement (EPA). date2023-11-06

Korea to kick off official negotiations with Georgia for EPA

Minister for Trade Dukgeun Ahn and Georgia’s Deputy Minister of Economy and Sustainable Development Genadi Arveladze announced the commencement of the official negotiation process for the Korea-Georgia Economic Partnership Agreement (EPA) in Seoul on November 2. This declaration comes about a month after Korea's initial proposal for an EPA was presented to the National Assembly in September, marking the launch of discussions with Georgia focused on extensive collaborations in areas such as date2023-11-06

Korea and Ireland discuss measures for industrial and trade cooperation

Minister for Trade Dukgeun Ahn met Simon Coveney, Ireland’s Minister for Enterprise, Trade and Employment, on November 2 in Seoul and discussed measures for expanding trade and facilitating investment between the two countries. The Irish government is currently carrying out a project of sending out a trade delegation headed by Prime Minister Leo Varadkar and composed of ministerial-level officials to visit major countries as part of a trade and investment strategy throughout 2022-2026, fo date2023-11-03

Korea, China and Japan hold 21st Pan-Yellow Sea Rim Economy and Technology Exchange

Trade, Industry and Energy Ministry’s Director General for International Trade Relations Kim Jong-cheol attended the 21st Pan-Yellow Sea Rim Economy and Technology Exchange Conference through October 30-31 in Dalian, China. Co-hosted by Korea’s Ministry of Trade, Industry and Energy (MOTIE), China’s Ministry of Commerce and Japan’s Kyushu Bureau of Economy, Trade and Industry, the conference was attended by approximately 300 representatives of the three countries’ date2023-11-03

Korea and EU discuss measures for stronger cooperation in trade and economy

Deputy Minister for Trade Yang Byeong-nae met Maria Martin-Prat, European Commission’s Deputy Director-General for Trade on November 1 in Seoul on the occasion of the Korea-EU Free Trade Agreement (FTA) Trade Committee meeting, to discuss measures for strengthening cooperation in economy and trade. Deputy Minister Yang assessed that, this year marking the 60th anniversary of the diplomatic relations between Korea and the EU, the two sides are engaging in closer bilateral economic relation date2023-11-03