Ministry of Trade, Industry and Energy

Korea, ASEAN discuss further economic cooperation in Manila

The Ministry of Trade, Industry and Energy announced on September 10 that Korea and the Association of Southeast Asian Nations (ASEAN) discussed further economic cooperation during Trade Minister Kim Hyun-chong’s visit to Manila from September 8 to 10.   The talks, which aim to deepen and expand relations with the ASEAN, encompassed further liberalization under the Korea-ASEAN Free Trade Agreement (FTA) and a new mega trade pact, the Regional Comprehensive Economic Partnership (RCEP date2017-09-10

Trade Minister exchanges views on economic issues with Mexico's Undersecretary of Foreign Affairs

Trade Minister Kim Hyun-chong (right) spoke with Mexico’s Undersecretary of Foreign Affairs Carlos Alberto De Icaza Gonzales at the Government Complex in Seoul on September 1 during the Mexican top official’s visit to Korea.  Trade Minister Kim and Foreign Affairs Undersecretary De Icaza exchanged views on issues of mutual interest including bilateral trade and economic cooperation and discussed latest developments on the renegotiation of the North American Free Trade Agreeme date2017-09-01

Minister Paik discusses economic cooperation with Uzbekistan’s Deputy Prime Minister

Trade, Industry and Energy Minister Paik Ungyu (left) posed for a photo with Uzbekistan’s Deputy Prime Minister Jamshid Anvarovich Kuchkarov at the Government Complex in Seoul on August 31 during the Uzbek leader’s visit to Seoul. Minister Paik and Deputy Prime Minister Kuchkarov discussed the expansion of mutually beneficial bilateral economic cooperation as well as a plan to convene a meeting of the Korea-Uzbekistan Joint Committee on Trade and Economic Cooperation. The two leader date2017-08-31

Korea, US hold special session of the KORUS FTA Joint Committee in Seoul

Trade Minister Kim Hyun-chong (right side of display) and United States Trade Representative (USTR) Robert Lighthizer (left side of display) held a videoconference during a special session meeting of the Korea-U.S. Free Trade Agreement (KORUS FTA) Joint Committee.    The Ministry of Trade, Industry and Energy (MOTIE) and the USTR convened a special session meeting of the KORUS FTA Joint Committee at a hotel in downtown Seoul on the morning of August 22 in accordance with a request by date2017-08-22

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