-
FTA/Economic Cooperation
Pursuing Korea-Israel FTA with Focus on Cooperation in Technology and Startups
The Ministry of Trade, Industry and Energy (headed by Minister Joo Hyunghwan) held an expert meeting on June 2, to project the tangible outcome of the Korea–Israel free trade agreement (FTA). Assistant Minister for Trade Negotiations Kim Hak-do presided over the meeting, which was attended by private enterprises, research institutes, and investment institutions with interests in exports and cooperation in startups and technology. In preparation for the upcoming Korea-Israel FTA negotiations, this meeting was arranged to examine the status of bilateral trade and cooperation in startups and technology, as well as to discuss ways of further expanding these areas through the agreement. date2016-06-02
-
FTA/Economic Cooperation
Fourth Round of Negotiations to be Held on Korea–Central America Free Trade Agreement (Tegucigalpa, May 23–27)
Fourth Round of Negotiations to be Held on Korea–Central America Free Trade Agreement (Tegucigalpa, May 23–27) Exports and Investments to be Expanded by Tapping Central American Market The fourth round of negotiations on the free trade agreement (FTA) between Korea and six Central American countries* will be held in Tegucigalpa, the capital of Honduras, from May 23 to May 27 (local time). * The participating Central American countries are Costa Rica, El Salvador, Guatem date2016-05-23
-
FTA/Economic Cooperation
Full-Scale Discussion Begins on Free Trade Area of the Asia-Pacific Region
Full-Scale Discussion Begins on Free Trade Area of the Asia-Pacific Region Deputy Minister for Trade Lee Inho Attends Meeting of APEC Ministers Responsible for Trade Deputy Minister for Trade Lee Inho, Ministry of Trade, Industry and Energy, attended the 22nd Meeting of APEC Ministers Responsible for Trade held in Arequipa, Peru, from May 17 to 18, 2016. Representatives from 21 APEC member nations discussed pending issues of multilateral trade, including Asia-Pacific economic integration date2016-05-16
-
FTA/Economic Cooperation
Ministry of Trade, Industry and Energy to Strengthen Cooperation with Jiangsu, Largest Investment Area in China for Domestic Companies
Ministry of Trade, Industry and Energy to Strengthen Cooperation with Jiangsu, Largest Investment Area in China for Domestic Companies Memorandum of Understanding Reached to Strengthen Economic and Trade Cooperation between Ministry of Trade, Industry and Energy and Jiangsu Minister of Trade, Industry and Energy Joo Hyunghwan and Governor of Jiangsu Province Shi Taifeng met in Seoul on May 9 to discuss ways to vitalize trade and investment between Korea and Jiangsu before signing a date2016-05-09
-
FTA/Economic Cooperation
Sectoral implementing agencies working in full capacity to ensure the success of the South Korea–Vietnam Free Trade Agreement
Sectoral implementing agencies working in full capacity to ensure the success of the South Korea–Vietnam Free Trade Agreement First working-level talks of the Commodity Trading Commission, Economic Cooperation Committee, SPS Committee, and Investment Commission The Ministry of Trade, Industry and Energy (Minister Joo Hyunghwan) is holding a meeting with four of the implementing agencies of the South Korea–Vietnam Free Trade Agreement (FTA) for two days from April 11 to date2016-04-10
-
FTA/Economic Cooperation
ROK, China and Japan Hold 9th Round of FTA Talks
The Republic of Korea, China and Japan held the ninth round of high-level negotiations for their free trade agreement (FTA) in Tokyo today. During the talks, the ROK's Deputy Trade Minister Kim Hak-do and his Chinese and Japanese counterparts discussed details of the trilateral FTA. date2016-01-18
-
FTA/Economic Cooperation
South Korea's FTAs with China, Vietnam and New Zealand Take Effect December 20
The Republic of Korea (South Korea)'s free trade agreements with China, Vietnam and New Zealand went into effect on December 20. The new FTAs came into force as South Korea steps up efforts to reinvigorate its economy amid slowing global demand and low oil prices. date2015-12-24
-
FTA/Economic Cooperation
MOTIE 2nd VM Moon Attends WTO's 10th Ministerial Meeting
MOTIE 2nd VM Moon Attends WTO's 10th Ministerial Meeting The Ministry of Trade, Industry and Energy (MOTIE)'s Second Vice Minister Moon Jae-do attended the World Trade Organization (WTO)'s 10th ministerial conference held in Nairobi, Kenya, from Dec. 15 to Dec. 19. In a keynote speech at this year's gathering, VM Moon stressed the importance of the multilateral trade system of the WTO for the national economic growth and development of its member countries. date2015-12-24
-
FTA/Economic Cooperation
Korean students to intern in the UAE
The Ministry of Trade, Industry and Energy (MOTIE) announced on December 22 that Korean college students will intern at the Emirates Nuclear Energy Corporation (ENEC) during the winter vacation this year. A total of 27 nuclear engineering majors at 10 different universities will have the opportunity to have real job experience at the headquarters of ENEC in Abu Dhabi and nuclear power plant construction site in Barakah from January 3 to February 18, 2016. The ENEC Int date2015-12-22
-
FTA/Economic Cooperation
ROK-Vietnam FTA to Take Effect Dec. 20
The bilateral free trade agreement (FTA) between the Republic of Korea (ROK) and Vietnam will go into effect next week. The two countries exchanged a diplomatic document to officially implement their FTA from December 20. The FTA will open up 94.7 percent of the Korea's market and 92.4 percent of the Vietnamese market in terms of import volume. Vietnam is South Korea's third-biggest export market after China (including Hong Kong) and the United States. date2015-12-16