Ministry of Trade, Industry and Energy

Minister Sung meets with Uzbek Prime Minister Aripov to discuss bilateral economic ties

Trade, Industry and Energy Minister Sung Yun-mo (left) met with Uzbekistan Prime Minister Abdulla Nigmatovich Aripov in Tashkent on March 4.During the meeting, the two ministers discussed means to enhance economic cooperation between the two countries in various areas such as trade, investment, industry, and plant construction. date2019-03-04

Korea, Uzbekistan hold 9th trade and economy meeting in Tashkent

Trade, Industry and Energy Minister Sung Yun-mo (right) co-chaired with Uzbekistan Deputy Prime Minister Ganiev Elyor Majidovich the ninth Korea-Uzbekistan Joint Committee for Trade and Economic Cooperation Meeting held at the International Business Center in Tashkent on March 4 (local time).The two delegations discussed ways of enhancing bilateral ties in an array of areas such as trade and investment, industry and technology, and energy and resources.During his opening remarks at the event, Mi date2019-03-04

Korea, Turkmenistan hold 7th joint economic committee to strengthen bilateral ties

Trade, Industry and Energy Minister Sung Yun-mo (left) discussed with Turkmenistan Deputy Prime Minister of Petroleum and Mineral Resources Myratgeldi Meredov ways to enhance bilateral cooperation in economy, industry, energy, resources, and other key areas at the seventh Korea-Turkmenistan Joint Economic Committee held in Seoul on February 22.During the opening remarks, Minister Sung emphasized the importance of boosting the cooperation between the two countries as he reviewed the successful co date2019-02-22

Minister Sung meets with Indian Prime Minister Modi at Korea-India Business Symposium

Trade, Industry and Energy Minister Sung Yun-mo (left) met with India’s Prime Minister Narendra Modi and delivered welcoming remarks at the Korea-India Business Symposium held in Seoul on February 21.The event was attended by over 300 business leaders and officials from both countries, including Korea-India Economic Cooperation Committee Chairman Kong Young-woon and Indian Ambassador to Korea Sripriya Ranganathan. date2019-02-21

Trade Minister Kim meets with his Indonesian counterpart to resume talks on Korea-Indonesia CEPA

Trade Minister Kim Hyun-chong (left) met with Indonesian Minister of Trade Enggartiasto Lukita to officially resume talks on the Korea-Indonesia Comprehensive Economic Partnership Agreement (CEPA) at the 2019 Korea-Indonesia Business Forum held in Jakarta on February 19.During the forum, the two Ministers signed a joint statement on the official resumption of negotiations and discussed ways to step up economic cooperation in the age of the Fourth Industrial Revolution.The event was attended by s date2019-02-19

Industry Ministry, French Economy Ministry jointly host 5th forum on Innovative Industries 2019 in Seoul

Trade, Industry and Energy Vice Minister Cheong Seung-il (left) and France’s Minister of State for the Digital Sector Mounir Mahjoubi (right) attended the fifth Korea-France Forum on Innovative Industries 2019 jointly hosted by the Industry Ministry and the French Ministry for the Economy and Finance in Seoul on February 19.During his opening remarks, Vice Minister Cheong asked for joint efforts of the two countries to lead the technology paradigm of the future by engaging in digital-based date2019-02-19

Vice Minister Cheong meets with French Minister of State Mahjoubi to discuss industrial cooperation

Trade, Industry and Energy Vice Minister Cheong Seung-il (left) met with France’s Minister of State for the Digital Sector Mounir Mahjoubi to discuss industrial and economic ties between Korea and France in Seoul on February 19.At the meeting, Vice Minister Cheong talked about bolstering bilateral cooperation in new industries, including their trade and investment, and in the hydrogen economy that would see more hydrogen-powered vehicles on the road. date2019-02-19

Minister Sung meets with Saudi ministers to advance bilateral cooperation

Trade, Industry and Energy Minister Sung Yun-mo (second from the left) had a meeting with Saudi Arabia’s Energy Minister Khalid A. Al-Falih (third from the right) and Saudi Economy Minister Mohammed Al-Tuwaijri (second from the right) in the UAE on January 14 (local time).During the ministerial talk, the top officials discussed key issues involving bilateral cooperation in industry and energy, as well as the Korea-Saudi Vision 2030.The ministers agreed to hold the second meeting of the Kor date2019-01-15

Minister Sung visits UAE to enhance industrial bilateral ties

Industry, Trade and Energy Minister Sung Yun-mo (right) met with Abu Dhabi Executive Affairs Authority Chairman Khaldoon Khalifa Al Mubarak in the UAE on January 13 (local time).Minister Sung and Chairman Al Mubarak discussed ways of enhancing bilateral cooperation in industry and investment, including nuclear power plants.Prior to the meeting with Chairman Al Mubarak, Minister Sung also held a gathering to encourage the representatives of the Korean corporations participating in the Barakah pow date2019-01-14

Korea’s National Assembly ratifies revised KORUS FTA

The Ministry of Trade, Industry and Energy announced that the Korean National Assembly ratified the revised Korea-U.S. free trade agreement (KORUS FTA) on December 7. The Korean government submitted a bill for the ratification of the revised KORUS FTA to the National Assembly on October 12. Now that the domestic procedure for implementing the deal is complete in Korea, the Korean government will discuss with its U.S. counterpart for the revised KORUS FTA to take effect on January 1, 2019. date2018-12-07