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FTA/Economic Cooperation
Vice Minister Cheong meets with Latvian Economy Minister
Trade, Industry and Energy Vice Minister Cheong Seung-il (right) met with Latvia’s Economy Minister Ralfs Nemiro in Seoul on Oct 25 and exchanged views on boosting industry and economic cooperation between Korea and Latvia. date2019-10-29
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FTA/Economic Cooperation
Korea, Indonesia conclude CEPA talks to expand economic cooperation
Korea’s Trade Minister Yoo Myung-hee and Indonesia’s Trade Minister Enggartiasto Lukita signed a joint statement marking the conclusion of negotiations of the Korea-Indonesia Comprehensive Economic Partnership Agreement (KI-CEPA) in Tangerang on October 16.The Agreement will strengthen the economic relations between the two countries by improving the cross-border flows of goods, services, people, and investment.Read the joint statement here: date2019-10-18
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FTA/Economic Cooperation
Korea, Indonesia reach preliminary agreement on CEPA
Korea and Indonesia have reached a preliminary consensus on the Comprehensive Economic Partnership Agreement (CEPA). Trade Minister Yoo Myung-Hee (left) and her Indonesian counterpart Enggartiasto Lukita announced the in-principle agreement at Tangerang, Indonesia on Oct 16. date2019-10-17
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FTA/Economic Cooperation
Trade Minister Yoo attends the 51st Korea-Japan Economic Association Conference
Trade Minister Yoo Myung-hee (third from the left) addressed an opening speech at the 51st Korea-Japan Economic Association Conference in Seoul on Sep 24. About 300 business leaders from both countries discussed how to restore bilateral economic ties at the annual meeting. date2019-09-24
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FTA/Economic Cooperation
Trade Minister Yoo attends Korea-Myanmar MOU signing ceremony
Trade Minister Yoo Myung-hee (center) attended the Myanmar-ROK MOU Signing Ceremony for economic and infrastructure development held in Yangon on September 4. The agreements will bolster cooperation in various industries between the two countries and provide an opportunity for Korean companies to expand their export markets. date2019-09-05
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FTA/Economic Cooperation
Korea, UK sign continuity free trade agreement in London
Trade Minister Yoo Myung-hee (right) signed a continuity FTA with the UK’s Secretary of State for International Trade Elizabeth Truss in London, Aug 22. The agreement focuses on maintaining the bilateral trade relations at the same level as the existing Korea-EU FTA, allowing businesses to trade freely in the event of a no-deal Brexit. date2019-08-23
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FTA/Economic Cooperation
Korea, Israel sign bilateral free trade agreement in Jerusalem
Trade Minister Yoo Myung-hee (left) and Israel’s Economy Minister Eli Cohen declared the conclusion of the Korea-Israel FTA in Jerusalem on Aug 21. The trade pact will further promote bilateral trade in a variety of areas including parts, materials and equipment industries. date2019-08-22
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FTA/Economic Cooperation
Trade Minister Yoo Meets with Australia’s Trade Minister
Trade Minister Yoo Myung-hee (right) had a meeting with Australia’s Minister for Trade, Tourism and Investment Simon Birmingham in Seoul on Aug 5. The Ministers explored ways to boost trade and investment between the two countries and expand cooperation in the energy sector. date2019-08-06
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FTA/Economic Cooperation
Trade Minister Yoo Attends the 8th RCEP Intersessional Ministerial Meeting
Trade Minister Yoo Myung-hee (fourth from the right in the front row) attended the 8th Regional Comprehensive Economic Partnership (RCEP) intersessional ministerial meeting in Beijing from Aug 2 to 3. During the meeting, Trade Minister Yoo met with her counterparts and discussed ways to conclude the trade pact this year. She also addressed the unfairness of Japan's recent export restriction measure to the RCEP member states and called on Japan to withdraw the move. The me date2019-08-05
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FTA/Economic Cooperation
Minister Sung meets with Pakistan’s Adviser to Prime Minister on Commerce
Trade, Industry and Energy Minister Sung Yun-mo (right) had a meeting with Pakistan's Adviser to Prime Minister on Commerce, Textile, Industries and Investment Abdul Razak Dawood in Seoul on August 1. Minister Sung and Adviser Dawood discussed ways to promote investment between the two countries and expand bilateral cooperation in the fields of infrastructure construction. date2019-08-01