Ministry of Trade, Industry and Energy

Minister Joo discusses industrial cooperation with Saudi Arabian energy minister in Davos

Trade, Industry and Energy Minister Joo Hyunghwan (right) met Saudi Arabian Energy, Industry and Mineral Resources Minister Khalid A. Al-Falih (left) on January 18 at the 47th World Economic Forum Annual Meeting in Davos, Switzerland, and discussed bilateral industrial cooperation for the kingdom’s new development plans. Minister Joo and Minister Al-Falih agreed to convene a ministerial meeting in February in Saudi Arabia to discuss programs for bilateral cooperation in line with Saudi Vi date2017-01-20

Korea, China hold 1st FTA Joint Committee meeting in Beijing

The Ministry of Trade, Industry and Energy announced on January 13 that the Korea-China Free Trade Agreement (FTA) Joint Committee held the first meeting in Beijing, China to review the implementation of the bilateral trade pact, one year after it entered into force in December 2015.    The high-level Joint Committee, established under the Korea-China FTA, oversees its implementation and resolves trade-related issues. Its first meeting was co-chaired by Director General for Trade Coo date2017-01-13

Korea, U.S. host 4th KORUS FTA Joint Committee meeting in Seoul

The Ministry of Trade, Industry and Energy announced on January 12 that the fourth meeting of the Korea-U.S. Free Trade Agreement (KORUS FTA) Joint Committee was held in Seoul to review the implementation of the bilateral trade pact.    The fourth meeting of the high-level Joint Committee, established under the KORUS FTA, was attended by Deputy Minister for Trade, Ministry of Trade, Industry and Energy Lee Inho, Assistant U.S. Trade Representative for Japan, Korea and APEC Michael Be date2017-01-13

Korea, China, Japan agree to accelerate FTA talks

The Ministry of Trade, Industry and Energy announced on January 12 that top trade officials from Korea, China and Japan agreed at a meeting held in Beijing last Monday to Wednesday to accelerate the free trade negotiations for the 11th round of Korea, China, Japan FTA talks.  The meeting, as the first trilateral high-level negotiation held since June last year, was attended by Deputy Minister for Trade Negotiations Lee Sang-jin of the Ministry of Trade, Industry and Energy, and his counter date2017-01-12

Korea, China and Japan hold 11th round of FTA talks in Beijing

Deputy Minister for Trade Negotiations Lee Sang-jin of Korea’s Ministry of Trade, Industry and Energy (right) poses with China’s Vice Minister of Commerce Wang Shouwen (center) and Japan’s Deputy Foreign Minister for Economic Affairs Keiichi Katakami (left) during the 11th round of trilateral FTA negotiations in Beijing on January 11.    This was the first trilateral gathering of senior-level trade officials since the decision to accelerate the free trade talks duri date2017-01-11

Minister Joo co-chairs Korea-EU FTA Joint Committee meeting

Trade, Industry and Energy Minister, Joo Hyunghwan (second from right), co-chaired the 6th Joint Committee meeting under Korea and the European Union FTA in Belgium on December 16 (local time). During the meeting co-hosted by Cecilia Malmström, the European Commissioner for Trade, Minister Joo assessed the benefits under the current free trade pact with roughly 40 other delegates from both sides. Korea and the EU have discussed ways to further improve the trade deal, since the free trade a date2016-12-19

Korea, UK discuss new ways of economic ties in the post-Brexit era

Minister of Trade, Industry and Energy Joo Hyunghwan (left) met with UK Secretary of State for International Trade Liam Fox (right) prior to the 3rd UK-Korea Joint Economic and Trade Committee (JETCO), on Dec 15 in London.The two ministers discussed establishing new economic ties between Korea and UK after Brexit in such fields as the emerging renewable energy industry. date2016-12-16

Minister Joo discusses ways of enhancing economic ties at 7th Korea-Vietnam Joint Committee meeting

Trade, Industry and Energy Minister Joo Hyunghwan (right) co-chaired the 7th meeting of the Joint Committee for Cooperation on Nuclear Power, Energy and Industry between Korea and Vietnam with his Vietnamese counterpart, Minister of Industry and Trade Vietnam Tran Tuan Anh (left), in Seoul on December 7. During the meeting, which was attended by about eighty government officials from the Korean and Vietnamese sides, the committee discussed ways of enhancing cooperation between the two countries date2016-12-08

Minister Joo meets with DTI secretary Ramon Lopez

Trade, Industry and Energy Minister Joo Hyunghwan (left) met with Philippine Department of Trade and Industry secretary Ramon Lopez (right) in Seoul on December 6. Minister Joo and his Philippine counterpart discussed the Regional Comprehensive Economic Partnership and other pending trade issues between the two countries, prior to their bilateral trade talks.   date2016-12-06

Minister Joo discusses enhancing economic ties at 4th Korea-Qatar meeting

Minister of Trade, Industry and Energy Joo Hyunghwan (left) co-chaired the fourth High-Level Strategic Cooperation Committee meeting with his Qatar counterpart, Minister of Energy and Industry Dr. Mohammed bin Saleh al-Sada (right), in Seoul on December 2.The meeting was attended by government representatives from both Korean and Qatar side and the committee discussed ways of enhancing co-operation between the two countries across various fields including trade, investment, energy, infrastructur date2016-12-03