Ministry of Trade, Industry and Energy

Minister Joo meets Saudi Arabia’s Energy Minister

Trade, Industry and Energy Minister Joo Hyunghwan (right) shook hands with Saudi Energy, Industry and Mineral Resources Minister Khalid A. Al Falih during a meeting at the King Abdullah Petroleum Studies and Research Center in Riyadh on April 4. The two Ministers talked about how Korea and Saudi Arabia can cooperate for the Kingdom’s Vision 2030, an economic diversification program.  Minister Joo and his delegation visited Riyadh on April 3 and 4 and met with the Kingdom’s lead date2017-04-04

Minister Joo, Prime Minister of Qatar discuss economic cooperation

Trade, Industry and Energy Minister Joo Hyunghwan (left) met with Prime Minister of Qatar Sheikh Abdullah Bin Nasser Bin Khalifa Al-Thani during his visit to Doha, Qatar, on April 2. Minister Joo and the Prime Minister of Qatar discussed diversification of bilateral cooperation fields from energy and construction to manufacturing, renewable energy, information and communication technology, and smart farming. Minister Joo also held separate meetings with Qatar’s Minister of Economy and Com date2017-04-02

Minister Joo proposes stronger economic cooperation at 3rd Korea-France High Level Dialogue

Trade, Industry and Energy Minister Joo Hyunghwan (center) delivered a speech at the third Korea-France High Level Dialogue held in central Seoul on March 30.  At the meeting, Minister Joo underscored the Korean government will strive to solve difficulties and inconveniences foreign firms may experience in Korea amid uncertainties at home and abroad including the rising protectionism. Minister Joo proposed expansion of bilateral trade and investment, joint responses to the Fourth Industria date2017-03-30

Ministry invites foreign embassies to Networking Day for Innovation 2017 to promote technological cooperation

Trade, Industry and Energy Director-General for Industrial Technology Policy Park Gun-su (left) posed for a photo with representatives of foreign embassies in Korea at the Networking Day for Innovation 2017 held in southern Seoul on March 30.  The Ministry of Trade, Industry and Energy hosted the event to vitalize innovative policy coordination and technological cooperation among Korea and partner countries in the era of the Fourth Industrial Revolution. Director-General Park said in a sp date2017-03-30

Ministry, experts meet to review preparation for ASEM Economic Ministers’ Meeting

The Ministry of Trade, Industry and Energy announced on March 28 that the Ministry held the second meeting of the expert advisory panel set up to prepare for the successful hosting of the seventh ASEM (Asia-Europe Meeting) Economic Ministers’ Meeting taking place in Seoul on September 21 and 22.   The meeting of the advisory panel in central Seoul was presided by Trade, Industry and Energy Minister Joo Hyunghwan and attended by other senior ministry officials as well as 10 experts f date2017-03-28

Vice Minister Woo meets Nepal’s Energy Minister

Trade, Industry and Energy Vice Minister Woo Taehee (right) met with Nepal’s Minister for Energy Janardan Sharma (second from left) and his delegation in southern Seoul on Monday 20. Vice Minister Woo and Minister Sharma discussed the two countries’ cooperation in the fields of energy and resources. date2017-03-20

Korea, Israel hold 3rd round of FTA negotiations in Seoul

The Ministry of Trade, Industry and Energy announced on March 20 that the third round of negotiations for the Korea-Israel Free Trade Agreement kicked off in Seoul.   The negotiations for the proposed FTA, which will last until March 24, are led by 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 delegation is joined by officials from other relev date2017-03-20

Minister Joo meets ambassadors of five Gulf states

Trade, Industry and Energy Minister Joo Hyunghwan (third from left) posed for a photo with ambassadors of five member countries of the Gulf Cooperation Council at a dinner in Yeouido, Seoul, on March 16.  From left are Trade, Industry and Energy Director General for Trade Cooperation Kang Myung-soo, Qatari Ambassador to Korea Mohamed bin Abdullah Al-Dehaimi, Minister Joo, Omani Ambassador Mohamed Salim Alharthy, Saudi Ambassador Riyadh bin Ahmed Al-Mubaraki, UAE Ambassador Abdullah Saif Al date2017-03-16

Minister Joo attends KORUS FTA 5th anniversary seminar

Trade, Industry and Energy Minister Joo Hyunghwan (center) posed for a photo with key Korean and U.S. officials involved in the negotiations or implementation of the Korea-U.S. Free Trade Agreement (KORUS FTA) at the KORUS FTA 5th Anniversary Seminar held in the COEX, southern Seoul, on March 14.  At the event, Minister Joo delivered a congratulatory speech, highlighting the mutually beneficial outcomes of the KORUS FTA and the importance of continuous expansion of bilateral cooperation in date2017-03-14

Korea, 5 Central American nations initial FTA

The Ministry of Trade, Industry and Energy announced on March 13 that Korea and five Central American nations initialed the Korea-Central America Free Trade Agreement, a comprehensive trade pact that will eliminate tariffs and other barriers and consolidate bilateral and multilateral economic cooperation.    On March 10, in San José, Costa Rica, Trade, Industry and Energy Director for FTA Negotiation Coordination Kwon Hyouk-woo and his counterparts from five Central American c date2017-03-13