Ministry of Trade, Industry and Energy

Vice Minister Woo underscores stronger energy cooperation at Korea-U.S. energy conference

Trade, Industry and Energy Vice Minister Woo Taehee delivered a speech at the Korea-U.S. “energy cooperation conference” held at the Heritage Foundation in Washington D.C. on April 21.  The Korea-U.S. energy cooperation conference was jointly organized by the Korea Energy Economics Institute and the Heritage Foundation to discuss the expansion of bilateral energy trade, investment into energy infrastructure and cooperation on relevant technologies.  The conference was att date2017-04-21

Ministry holds meeting with industry to discuss RCEP negotiations

Trade, Industry and Energy Director-General for FTA Negotiations and East Asia FTA Yoo Myung-hee (second from left) presided a meeting with industry representatives in southern Seoul on April 21 to hear their opinions on the negotiations for non-tariff measures under the Regional Comprehensive Economic Partnership (RCEP). The RCEP is a proposed free trade agreement among 16 nations in the Asia Pacific region including Korea, China, Japan and 10 member states of the Association of Southeast Asian date2017-04-21

Korea, Israel hold 4th round of FTA negotiations in Jerusalem

The Ministry of Trade, Industry and Energy announced on April 18 that the fourth round of negotiations for the Korea-Israel Free Trade Agreement (FTA) will kick off in Jerusalem, Israel, on April 19. The negotiations for the proposed FTA, which will continue through April 30, are led by Korea’s Trade, Industry and Energy Director General for Trade Policy Yeo Han-koo and Foreign Trade Administration Director Rachel Hirshler of Israel’s Ministry of Economy and Industry. The Korean del date2017-04-18

Minister Joo discusses ways to expand bilateral business cooperation with Malaysia’s minister

Trade, Industry and Energy Minister Joo Hyunghwan (right) shook hands with Malaysia’s International Trade and Industry Minister Dato’ Sri Mustapa Mohamed at the Korea-Malaysia trade meeting in Lotte Hotel in Seoul on April 14.  At the meeting, the two ministers discussed ways to accelerate the pace of negotiations of further liberalization of the Korea-Association of Southeast Asian Nations (ASEAN) free trade agreement (FTA) and the Regional Comprehensive Economic Partnership ( date2017-04-14

Korea, Malaysia discuss bilateral and multilateral trade and economic issues

The Ministry of Trade, Industry and Energy announced on April 14 that the Ministry held a trade meeting with Malaysia’s International Trade and Industry Minister Dato’ Sri Mustapa Mohamed in Lotte Hotel in Seoul to discuss bilateral and multilateral trade issues.  At the meeting, Korea’s Trade, Industry and Energy Minister Joo Hyunghwan underscored the importance of joint efforts of the two countries to boost trade and investment. To that end, Minister Joo and his counte date2017-04-14

Korea, China, Japan hold 12th round of FTA talks in Japan

The Ministry of Trade, Industry and Energy announced on April 10 that top trade officials from Korea, China and Japan will seek the ways to make progress in the free trade negotiations for the 12th round of Korea, China, Japan FTA talks, which will be held in Tokyo, Japan, on April 10-13. The meeting will be attended by Deputy Minister for Trade Negotiations Lee Sang-jin of the Ministry of Trade, Industry and Energy, and his counterparts Wang Shouwen, China’s Vice Minister of Commerce, an date2017-04-10

Korea-EAEU hold business forum in Belarus

Trade, Industry and Energy Vice Minister Jeong Marn-ki delivered a congratulatory speech at the third intergovernmental committee and business forum to expand trade, investment and industrial cooperation through the free trade agreement (FTA) between Korea and the Eurasian Economic Union (EAEU) in Minsk, Belarus on April 10.  Belarus’ First Deputy Minister of Foreign Affairs Andrei Yeudachenka and other 50 representatives from the EAEU member countries and Korean companies attended t date2017-04-10

Ministry strengthens technology cooperation with Israel

Trade, Industry and Energy Vice Minister Jeong Marn-ki delivered an opening speech in the “Korea-Israel Tech-Biz Day” forum at Carlton Tel Aviv Hotel in Israel on April 9.  Israel’s Deputy Prime Minister for Diplomacy Michael Oren and some 150 representatives from companies and organizations from the two countries attended the forum, which aims to strengthen cooperation in technology between Korea and Israel through exchange programs and investment consultations.  A date2017-04-09

Minister Joo discusses economic cooperation with Turkmenistan

Trade, Industry and Energy Minister Joo Hyunghwan (left) shook hands with Turkmenistan's Deputy Prime Minister for Energy Affairs Maksat Babayev at the sixth meeting of the Intergovernmental Turkmen-Korean Commission for Trade, Economic, Scientific and Technological Cooperation in Ashgabat, Turkmenistan, on April 6.  At the meeting, the two parties discussed the ways to further develop trade and investment and reinvigorate economic cooperation.    date2017-04-06

Minister Joo, Saudi Minister of Economy and Planning talk about cooperation for Vision 2030

Trade, Industry and Energy Minister Joo Hyunghwan (second from right) and Saudi Arabia’s Economy and Planning Minister Adel M. Fakeih (left) convened a meeting in Riyadh on April 4 to discuss bilateral cooperation for the Kingdom’s Vision 2030, an economic diversification plan.  Minister Joo and his delegation visited Riyadh on April 3 and 4 and met with the Kingdom’s leaders to discuss how the two countries can work together in various economic and industrial fields.&nbs date2017-04-04