Ministry of Trade, Industry and Energy

Commemorating 70 Years of the ROK-U.S. Alliance ; Looking Ahead to a Carbon-Free Energy Alliance

Commemorating 70 Years of the ROK-U.S. Alliance ; Looking Ahead to a Carbon-Free Energy Alliance -Ministry of Trade, Industry, and Energy holds the “ROK-U.S. Clean Energy Conference” to emphasize cooperation in the deployment of carbon free energy- -Discussions on carbon management, battery recycling and innovative energy technologies such as hydrogen and CCUS will ensue- The Ministry of Trade, Industry, and Energy led by Minister Bang Moon Kyu organized the “Korea-U.S. Cl date2023-11-13

Korea's major retailers come together to launch Korea Sale Festa 2023

The Ministry of Trade, Industry and Energy (MOTIE) announced on November 10 the launching of the “Korea Sale Festa 2023 (“Festa”) to be held through November 11-30, where Korea’s major retailers and manufacturers come together with the Government to boost the domestic economy by aiming for a rebound of the currently weak consumer confidence amid inflation and other difficult conditions. The Festa Committee and MOTIE have selected former national volleyball team member an date2023-11-13

Korea and Czech Republic to expand industrial, trade & energy cooperation

Minister for Trade Dukgeun Ahn visited the Czech Republic as Special Presidential Envoy through November 9-11 and met with the Czech Minister of Industry and Trade Jozef Síkela and Deputy Minister of Foreign Affairs Jiří Kozák to discuss measures for expanding the scope of bilateral cooperation in trade, investment, clean energy and EU’s economic legislations, as well as to request support for World Expo 2030 Busan. First, Trade Minister Ahn met with the Czech Republ date2023-11-13

MOTIE hosts “Global Net Zero Connection in Korea”

Trade, Industry and Energy Ministry's International Trade and Investment Deputy Minister Kim Wan-ki attended the “Global Net Zero Connection in Korea” on November 9 in Busan, where 10 countries’ government delegations gathered to discuss measures for cooperation in reducing greenhouse gas emissions. date2023-11-10

Korea-Middle East cooperation to enter new era of partnership

Trade, Industry and Energy Minister Bang Moon Kyu chaired the second Korea-Middle East Economic Cooperation Public-Private Joint Committee meeting, where they reviewed achievements and implementation methods, project progress by each department, and issues and suggestions from individual companies. MOTIE reported that since the start of the Yoon Suk Yeol administration, 143 contracts and memorandums of understanding (MOUs) were signed between the two sides worth approximately USD 87.4 billion, date2023-11-10

Global efforts for cooperation in GHG reduction gather in Busan

The Ministry of Trade, Industry and Energy (MOTIE) is holding “Global Net Zero Connection in Korea” through November 9-10 in Busan for discussions on measures for cooperation in the reduction of greenhouse gas (GHG) emissions with 10 other countries, including Bangladesh, Cambodia, Indonesia and Vietnam. Hosted by MOTIE and organized by the Korea Trade-Investment Promotion Agency (KOTRA), “Global Net Zero Connection in Korea” is an event bringing together government inst date2023-11-10

Trade Minister meets with Tanzania's TanTrade Director General

Minister for Trade Dukgeun Ahn met with Latifa Khamis, Director General of Tanzania Trade Development Authority (TanTrade), on November 8 in Tanzania to discuss measures for cooperation in trade and MICE (Meetings, Incentives, Conferences & Exhibitions) industries. date2023-11-10

Trade Minister meets Tanzania’s Deputy Prime Minister (Energy Minister)

Minister for Trade Dukgeun Ahn met with Doto M. Biteko, Tanzania’s Deputy Prime Minister and Energy Minister, on November 8 in Tanzania and discussed measures for cooperation in industrial, trade and mineral areas, and also extended an invitation to the Korea-Africa summit meeting to be held next year in Korea. date2023-11-10

Trade Minister meets Tanzania’s Industry and Trade Deputy Minister

Minister for Trade Dukgeun Ahn met with Tanzania’s Industry and Trade Deputy Minister Exaud S. Kigahe on November 8 in Tanzania and discussed measures for cooperation in trade and investment, as well as an Economic Partnership Agreement (EPA) between the two countries. date2023-11-10

Trade Minister meets with Tanzania's Minerals Minister

Minister for Trade Dukgeun Ahn met Anthony P. Mavunde, the Tanzanian Minerals Minister, on November 8 in Tanzania to discuss measures for wider cooperation in nickel and graphite, core materials for manufacturing secondary batteries, among other minerals. date2023-11-10