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FTA/Economic Cooperation
Korea and Georgia announce commencement of EPA negotiations
Minister for Trade Dukgeun Ahn and Georgia’s Deputy Minister of Economy and Sustainable Development Genadi Arveladze announced on November 2 at the Le Meridien Seoul the commencement of the official negotiation process for the Korea-Georgia Economic Partnership Agreement (EPA). date2023-11-06
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Energy
Minister holds talks with Chile’s Mining Minister
Trade, Industry and Energy Minister Bang Moon Kyu held talks with Chile’s Mining Minister Aurora Williams on October 31 in Chile on measures to bolster cooperation in critical minerals, hydrogen, trade and investment. The minister’s visit to Chile was accompanied by an economic delegation composed of representatives of relevant organizations and companies, including the Korea Trade-Investment Promotion Agency (KOTRA), Export-Import Bank of Korea, Hyundai Motor, Samsung Elect date2023-11-06
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FTA/Economic Cooperation
Korea to kick off official negotiations with Georgia for EPA
Minister for Trade Dukgeun Ahn and Georgia’s Deputy Minister of Economy and Sustainable Development Genadi Arveladze announced the commencement of the official negotiation process for the Korea-Georgia Economic Partnership Agreement (EPA) in Seoul on November 2. This declaration comes about a month after Korea's initial proposal for an EPA was presented to the National Assembly in September, marking the launch of discussions with Georgia focused on extensive collaborations in areas such as date2023-11-06
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Industry
Next year to see the establishment of large-scale demonstration infrastructure to back K-robot initiatives
The Ministry of Trade, Industry and Energy (MOTIE) announced on November 2 that a dedicated task force (TF) for the “National Robot Test Field” project will be operated in collaboration with Daegu Metropolitan City, the Korea Planning & Evaluation Institute of Industrial Technology (KEIT), and the Korea Institute for Robot Industry Advancement (KIRIA), following the successful prefeasibility study completed in August. The “National Robot Test Field” initiative is de date2023-11-06
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Trade/Investment
Minister meets with Chile's Foreign Affairs Minister Alberto van Klaveren
Trade, Industry and Energy Minister Bang Moon Kyu visited Chile as Special Presidential Envoy and held talks on October 31 with Chilean Foreign Affairs Minister Alberto van Klaveren and delivered President Yoon Suk Yeol’s handwritten letter, proposing that the two countries build a new partnership for shared future prosperity based on the 60 plus years of diplomatic relations. date2023-11-03
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Trade/Investment
Minister attends Korea-Chile Business Roundtable
Trade, Industry and Energy Minister Bang Moon Kyu attended the Korea-Chile Business Roundtable on October 30 in Chile, which was co-organized by KCCI and the Chilean Federation of Industry (SOFOFA) for discussions on comprehensive and strategic industrial cooperation, and attended by 60 key business figures of both countries. date2023-11-03
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Trade/Investment
Minister discusses cooperation with Chile’s Economy, Development and Tourism Minister
Trade, Industry and Energy Minister Bang Moon Kyu met Chile’s Economy, Development and Tourism Minister Nicolas Grau on October 30 in Chile to discuss lithium, critical minerals, hydrogen, trade and investment cooperation measures. date2023-11-03
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Energy
Minister discusses cooperation with Chile's Energy Minister
Trade, Industry and Energy Minister Bang Moon Kyu met Chile’s Energy Minister Diego Pardow on October 30 in Chile to discuss renewable energy, green hydrogen and measures for bilateral energy cooperation. date2023-11-03
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FTA/Economic Cooperation
Korea and Ireland discuss measures for industrial and trade cooperation
Minister for Trade Dukgeun Ahn met Simon Coveney, Ireland’s Minister for Enterprise, Trade and Employment, on November 2 in Seoul and discussed measures for expanding trade and facilitating investment between the two countries. The Irish government is currently carrying out a project of sending out a trade delegation headed by Prime Minister Leo Varadkar and composed of ministerial-level officials to visit major countries as part of a trade and investment strategy throughout 2022-2026, fo date2023-11-03
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Industry
Design Korea 2023 showcases 800 companies' works of K-design
Hosted by the Ministry of Trade, Industry and Energy (MOTIE) and organized by the Korea Institute of Design Promotion (KIDP), Design Korea 2023 is held through November 1-5 at COEX in Seoul this week. Launched in 2003 and now arriving at its 21st anniversary, Design Korea is one of Korea’s largest and most long-standing design events featuring approximately 2,000 products designed by 800 companies this year. Under the theme of “Designing for Better World: Dot, Line, Circle”, date2023-11-03