Ministry of Trade, Industry and Energy

MOTIE and UK's Department for Science, Innovation and Technology enter MOU

Minister Bang Moon Kyu attended the MOU signing ceremony on November 22 in London with UK’s Secretary of State for Science, Innovation and Technology Michelle Donelan for bilateral cooperation in the semiconductor industry between MOTIE and the UK’s Department for Science, Innovation and Technology. date2023-11-25

MOTIE and UK’s Department for Business and Trade enter MOU for starting FTA upgrade negotiations

Minister Bang Moon Kyu attended the MOU signing ceremony between MOTIE and UK’s Department for Business and Trade on November 22 in London with Department’s Secretary of State Kemi Badenoch to sign the MOU on the joint declaration for the launch of Korea-UK FTA upgrade negotiations. date2023-11-25

MOTIE & UK’s Department for Energy Security and Net Zero enter MOU

Minister Bang Moon Kyu attended the MOU signing ceremony for the ministry’s entering the Clean Energy Partnership with UK’s Department for Energy Security and Net Zero on November 22 in London with the Department’s Secretary of State Claire Coutinho for bilateral cooperation in clean energy, offshore wind power and nuclear power development. date2023-11-25

Minister attends investment declaration ceremony in London

Trade, Industry and Energy Minister Bang Moon Kyu attended the investment declaration ceremony on November 22 in London with Corio Generation CEO Jonathan Cole and BP Senior Vice President Louise Kingham and received the two UK firms’ declarations of investment in Korea. The Minister remarked in his message that the investment indicates that carbon neutrality cooperation with net zero leading UK is strengthening, and I look forward to seeing it bolster Korea’s promising offshore win date2023-11-25

Korea and UK sign MOU at Business Forum

Trade, Industry and Energy Minister Bang Moon Kyu attended the MOU signing ceremony held on the occasion of the Korea-UK Business Forum on November 22 in London for cooperation in energy, AI, construction, plant and defense in the attendance of 50 persons, including UK’s Secretary of State for Business and Trade Kemi Badenoch among other government officials and private sector representatives. date2023-11-24

Korea and Singapore enter Green Economy Cooperation MOU

Minister for Trade Dukgeun Ahn and Singapore's Second Minister for Trade and Industry Tan See Leng attended the signing ceremony for Korea-Singapore Green Economy memorandum of understanding (MOU) on November 21 in Singapore for cooperation in expanding the use of clean energy and achieving carbon neutrality. date2023-11-24

Korea Trade Commission holds public hearing to investigate industry damage from Egyptian white cement imports

The Korea Trade Commission of the Ministry of Trade, Industry, and Energy (MOTIE) held a public hearing on November 23 at the Government Complex in Seoul, to investigate the extend of industrial damage caused by import of Egyptian white cement. About 40 people attended the hearing, including members of the Commission, domestic producer Union, importer Royal Cement Korea, consumers, the Korea Cement Association, and the Embassy of Egypt in Korea. Unlike the typical grey cement, white cement is date2023-11-24

Korea and Brazil deepen trade, industrial and investment cooperation

Minister for Trade Dukgeun Ahn signed the Korea-Brazil Trade and Investment Promotion Framework (TIPF) agreement with Brazil’s Vice Minister of Development, Industry, Trade and Services Márcio Elias Rosa on November 24 at Four Seasons Hotel Seoul, where they held the first TIPF committee meeting. The Korea-Brazil TIPF is the 12th TIPF agreement for Korea, and the first with a South American country. A resource-rich country and home to extensive reservoirs of nickel, lithium, rare e date2023-11-24

Korea and Germany seek measures for digital health technology collaboration

The Ministry of Trade, Industry and Energy (MOTIE) and the German Embassy in Korea jointly held the Korea-Germany Digital Health Tech Forum 2023 on November 22 at the Sofitel Ambassador Hotel Seoul to strengthen Korea-Germany digital health technology exchange and facilitate their networking for international cooperation. Launched in 2020 to promote exchange in the two countries’ digital health R&D, the Digital Health Tech Forum held this year was attended by representatives and exper date2023-11-23

MOTIE and NIS hold joint Industrial Security Conference 2023 for Industrial Technology Protection Day

The Ministry of Trade, Industry and Energy (MOTIE) and the National Intelligence Service (NIS) jointly held the 13th Industrial Technology Protection Day commemoration ceremony and Industrial Security Conference 2023 on November 22 at Grand InterContinental Seoul Parnas, attended by over 600 industrial security experts from Korea and abroad. At the event, interim outcomes on four joint project tasks between the government and private sector were shared. These include the usage guide for n date2023-11-23