Ministry of Trade, Industry and Energy

Korea hosts Asian WTO Moot Court & Trade Forum

Assistant Minister for Trade and Chief Negotiator for FTAs Lee Sang-jin (fifth from right in the front row) of the Ministry of Trade, Industry and Energy posed for a photo with officials from the World Trade Organization (WTO) and other trade experts at the Seoul National University (SNU) School of Law in Seoul on August 19.  The Asian WTO Moot Court and Trade Forum was organized to help boost interaction between domestic and international trade experts and foster trade practitioners. This date2017-08-19

Special session of KORUS FTA Joint Committee to be held in Seoul

The Ministry of Trade, Industry, and Energy announced on Aug. 18 that the Ministry and the Office of the United States Trade Representative (USTR) will convene a special session meeting of the Joint Committee under the Korea-U.S. Free Trade Agreement (KORUS FTA) on August 22 in Seoul.   Trade Minister Kim Hyun-chong and USTR Robert Lighthizer will open the meeting via videoconference, which will be followed by senior-level discussions in Seoul. USTR Chief of Staff Jamieson Greer and Assis date2017-08-18

Ministry hosts information session on ASEM Economic Ministers’ Meeting for embassies in Korea

Trade, Industry and Energy Director-General for FTA Policy Lee Min-chul (second from right) spoke at the Information Session on the ASEM (ASIA-Europe Meeting) Economic Ministers’ Meeting on June 29 in Seoul. The seventh ASEM Economic Ministers’ Meeting, a gathering of trade and economy ministers from across Asia and Europe to promote trade and economic cooperation between the regions, will take place in Seoul between September 21 and 22.  The Ministry of Trade, Industry and Ene date2017-06-29

Korea, Canada launch 1st joint industrial technology R&D program

The Ministry of Trade, Industry and Energy announced on June 26 that Korea and Canada launched their first-ever joint research and development program for industrial technologies.    The Korea-Canada joint R&D program supports domestic companies to cooperate with Canadian counterparts in the development of industrial technologies, in order to help them enter overseas markets and acquire advanced technologies.    The program will support projects in five fields of comm date2017-06-26

Korea-EU FTA Committee and Working Group Meeting held in Seoul

Director General for Trade Policy Yeo Han-koo (right) of the Ministry of Trade, Industry and Energy (MOTIE) and Director for Trade Strategy and Analysis Signe Ratso of the European Commission pose for a photo during the Korea-EU Free Trade Agreement Committee and Working Group Meeting in central Seoul on June 13.   Various committees and working groups established under the FTA met in Seoul between June 12 and 14 to review the implementation of the agreement, resolve trade issues, and di date2017-06-13

Korea-EU FTA implementation committees meet in Seoul

The Ministry of Trade, Industry and Energy announced on June 11 that representatives from Korea and the European Union will meet in Seoul between June 12 and 14 to review the implementation of the Korea-EU Free Trade Agreement and discuss further economic cooperation.   Under the Korea-EU FTA, seven specialized committees, seven working groups, and a dialogue are established and supervised by the ministerial-level Trade Committee. During the upcoming session, the Working Group on Pharmace date2017-06-11

Ministry celebrates 10th anniversary of Korea-ASEAN FTA

Trade, Industry and Energy Minister Joo Hyunghwan (third from right in the front row) posed for a photo at the ceremony for the 10th anniversary of the Korea-ASEAN (the Association of Southeast Asian Nations) Free Trade Agreement in southern Seoul on June 1.  The Ministry of Trade, Industry and Energy hosted the event to celebrate the achievements in trade and investment between Korea and the ASEAN region and to further expand economic and cultural cooperation as well as human exchange. Mi date2017-06-01

Vice Minister Woo discusses energy cooperation with Canada’s Deputy Minister of Foreign Affairs

Trade, Industry and Energy Vice Minister Woo Taehee (left) shook hands and posed for a photo with Canada’s Deputy Minister of Foreign Affairs Ian Shugart during their meeting in central Seoul on May 31. Vice Minister Woo and Deputy Minister Shugart discussed bilateral cooperation in energy fields and exchanged views on a cooperation agreement on science and technology innovations. date2017-05-31

ASEAN became Korea’s second largest trading partner under FTA

The Ministry of Trade, Industry and Energy announced on May 31 that in a decade since the Korea-Association of Southeast Asian Nations (ASEAN) Free Trade Agreement entered into force in 2007, the region has become Korea’s second largest trading partner with trade in goods and services and investment all expanding.    June 1, 2017 marks the 10-year anniversary of the entry into force of the Korea-ASEAN FTA. Between 2007 and 2016, trade in goods between Korea and 10 ASEAN nations date2017-05-31

Korea, Israel hold 5th round of FTA negotiations in Seoul

The Ministry of Trade, Industry and Energy (MOTIE) announced on May 19 that Korea and Israel will hold the fifth round of negotiations for a proposed bilateral free trade agreement (FTA) in Seoul between May 22 and 26.   The fifth round of negotiations for the Korea-Israel FTA will cover trade in goods and services, investment, rules of origin, technical barriers to trade (TBT), sanitary and phytosanitary measures (SPS), intellectual property rights, and general rules.    The date2017-05-19