-
FTA/Economic Cooperation
Minister Paik discusses Korea-Japan industrial and trade ties
Minister of Trade, Industry and Energy Paik Ungyu (left) met with Japanese Minister of Economy, Trade and Industry Hiroshige Seko to enhance their bilateral cooperation in the industrial, energy, and trade sectors in Tokyo on May 8. In his opening remarks during the ministerial meeting, Minister Paik said that the two countries should seek new business models to lead in an age of the Fourth Industrial Revolution. The two trade ministers shared their vision to adopt cutting-edg date2018-05-08
-
FTA/Economic Cooperation
Minister Paik talks with Saudi counterpart to improve energy and industrial ties
Trade, Industry and Energy Minister Paik Ungyu (right) talked with Saudi Arabia’s Energy, Industry, and Mineral Resources Minister Khalid A. Al-Falih to bolster energy and industrial ties in Seoul on May 4.The two ministers reviewed the progress of the Korea-Saudi Arabia Vision 2030, agreed to coordinate its second committee meeting, and discussed cooperation in automobile and pharmaceutical and biomedical industries.Minister Paik showed Korea’s interest in participating in Saudi Ara date2018-05-04
-
FTA/Economic Cooperation
Minister Paik attends Korea-Turkey business forum
Trade, Industry and Energy Minister Paik Ungyu (fourth from right) met with Turkey’s Economy Minister Nihat Zeybekci (fifth from right) to enhance business ties between the two countries at the Korea-Turkey business forum held in Seoul on May 2.In his congratulatory address at the forum, Minister Paik highlighted that entrepreneurial cooperation between the two nations is important for strengthening the economic relationship. He also added that the role of governments is to create a collab date2018-05-02
-
FTA/Economic Cooperation
Minister Paik meets with US counterpart to enhance economic cooperation
Trade, Industry and Energy Minister Paik Ungyu (right) met with U.S. Commerce Secretary Wilbur Ross to discuss strengthening economic cooperation between Korea and the U.S. in Washington, D.C. on April 23 (U.S. Eastern time).During the meeting, Minister Paik agreed with Secretary Ross to hold regular dialogues between the two countries for industrial cooperation in cutting-edge technologies, such as autonomous vehicles and the fifth generation wireless system.In addition, Minister Paik expressed date2018-04-24
-
FTA/Economic Cooperation
Minister Paik discusses with US Trade Representative
Trade, Industry and Energy Minister Paik Ungyu (right) and United States Trade Representative (USTR) Robert Lighthizer discussed the progress of writing a draft for Korea-U.S. Free Trade Agreement (FTA) amendments during his visit to the Office of the USTR in Washington, D.C. on April 23 (U.S. Eastern time).Accompanied by the Korean delegation for Korea-U.S. FTA negotiations, Minister Paik confirmed with Trade Representative Lighthizer that both sides have made a significant step forward in the date2018-04-24
-
FTA/Economic Cooperation
Trade Minister Kim meets with Myanmarese counterpart
Trade Minister Kim Hyun-chong (right) co-chaired a meeting with Myanmar’s Commerce Minister Than Myint to have detailed discussion on economic cooperation between the two countries during his visit to Naypyidaw, Myanmar on April 23 (Myanmar time).During the meeting, Trade Minister Kim suggested the designation of special economic zone for the Korea-Myanmar Economic Cooperation Industrial Complex that is currently under development in the north of Yangon to provide benefits, such as date2018-04-23
-
FTA/Economic Cooperation
Korea to enhance economic ties with Myanmar
Trade Minister Kim Hyun-chong (third from left) met with Myanmar’s State Counsellor Daw Aung San Suu Kyi (center) to have a discussion on efforts to enhance economic ties between the two countries in Naypyidaw, Myanmar on April 23 (Myanmar time).The visit to Myanmar by Trade Minister Kim was the first by a Korean ministerial-level official since President Moon Jae-in’s administration took office in May last year.During the meeting, Trade Minister Kim said that Korea’s economic date2018-04-23
-
FTA/Economic Cooperation
Minister Paik seeks energy cooperation with IDB in Washington, DC
Trade, Industry and Energy Minister Paik Ungyu (right) signed a memorandum of understanding for energy cooperation with Inter-American Development Bank (IDB) President Luis Alberto Moreno at the IDB president’s office in Washington, D.C. on April 19 (Eastern U.S. time).During his visit to the IDB, Minister Paik emphasized that Korea’s expertise in plant and infrastructure construction can contribute to economic development in Central and South America.Key areas of energy cooperation date2018-04-20
-
FTA/Economic Cooperation
Minister Paik chairs public-private meeting for industrial cooperation with UAE and Vietnam
Trade, Industry and Energy Minister Paik Ungyu (second from right) chaired a public-private meeting for industrial cooperation with the United Arab Emirates (U.A.E.) and Vietnam in Seoul on April 12.During the meeting with government officials and industry leaders, Minister Paik said that the Ministry will make every effort to help the private sector participate in industrial projects in the U.A.E. and Vietnam.The meeting was attended by about 30 representatives from the industry and trade secto date2018-04-12
-
FTA/Economic Cooperation
Minister Paik attends signing ceremony for Korea-UAE Economic Cooperation in Abu Dhabi
Trade, Industry and Energy Minister Paik Ungyu (second from left) attended the memorandum of understanding and contract signing ceremony for economic cooperation between Korea and the United Arab Emirates (U.A.E.) that was held in Abu Dhabi on March 26 (U.A.E. time). During the ceremony, Korea Electric Power Corporation Vice President Kim Shi-ho (left) and Barakah One Company CEO Nasser Al Nasseri (second from right) signed the Charter for Joint Business Cooperation as an effort to expand date2018-03-27