Ministry of Trade, Industry and Energy

Korea to speak on inclusive trade & supply chain resiliency at G20 meeting

The Republic of Korea’s Minister for Trade Dukgeun Ahn will attend the G20 Trade and Investment Ministerial Meeting (TIMM) in Jaipur, India, from August 24-25 to discuss inclusive trade, World Trade Organization (WTO) reform, trade and investment for global value chain resiliency, small and medium-sized companies’ participation in international trade, and trade logistics, among other agenda items with G20 member states’ trade ministers. In the first session on the theme of mul date2023-08-24

Trade Minister attends ASEAN meetings in Indonesia

The Republic of Korea’s Minister for Trade Dukgeun Ahn attended the 11th East Asia Summit Economic Ministers’ Meeting on August 21 held in Semarang, Indonesia, to discuss recent global economic developments, supply chain stabilization, climate change response, digital transition and restoration of multilateral trade system.   Trade Minister Ahn also attended the following Regional Comprehensive Economic Partnership (RCEP) ministerial meeting to discuss support organization iss date2023-08-23

Korea and ASEAN to expand economic cooperation via solidarity initiative

Minister for Trade Dukgeun Ahn and the Korean delegation attended the ASEAN Economic Ministers’ Meeting from August 20-22 in Semarang, Indonesia, and held bilateral, multilateral meetings with counterparts from the U.S., China, Japan and India to review agenda items for the upcoming ASEAN summit meeting to be held in September in Jakarta and to discuss measures for promoting regional trade and business. The Korean delegation explained in detail the economic cooperation measures in accorda date2023-08-23

Korea holds Global Talent Fair 2023

Trade, Industry and Energy Minister Chang-Yang Lee attended the opening ceremony of Global Talent Fair 2023 on August 21 at COEX in Seoul, held to provide quality jobs to job seeking youth while creating opportunities for quality worker recruitment for overseas companies and foreign-invested firms.   Minister Lee partook in the block lighting performance of the opening ceremony and toured the booths of participating companies of various sectors, including manufacturing, production, R& date2023-08-22

Korea holds Global Talent Fair 2023

The Republic of Korea’s Ministry of Trade, Industry and Energy (MOTIE) and Ministry of Employment and Labor (MOEL) co-host the Global Talent Fair 2023 from August 21-22 at COEX in Seoul. Merging three major job fairs into one, Global Talent Fair 2023 is the largest single job fair to be held in Korea, with 382 firms managing their own recruitment booths where job seekers can visit their company of interest and consult with the human resources (HR) manager, leading to actual job interviews date2023-08-21

Trade Minister visits reshoring chip equipment manufacturer

Minister for Trade Dukgeun Ahn visited on August 17 the semiconductor equipment manufacturer (CVD SiC Focus Ring) KNJ, located in Asan-si, to discuss the company’s reshoring and recent management situation as well as Government support measures.   Trade Minister Ahn stated that “reshoring of firms playing major roles in the high-tech supply chain contributes greatly to not only investment, employment and exports but also to supply chain stability,” and added that “ date2023-08-21

MOTIE holds Industrial Technology R&D Strategy Meeting

The Republic of Korea’s Ministry of Trade, Industry and Energy (MOTIE) Vice Minister Youngjin Jang chaired the Industrial Technology R&D Strategy Meeting on August 17 at the Korea Chamber of Commerce and Industry (KCCI) and led discussions on the direction of investment and improvement of industrial technology R&D for 2024, as well as measures to expand the scope of international joint R&D projects.   The meeting was attended by representatives from relevant institutes, date2023-08-21

Korea to push R&D projects to secure cutting-edge technologies

The Republic of Korea’s Ministry of Trade, Industry and Energy (MOTIE) Vice Minister Youngjin Jang chaired the Industrial Technology R&D Strategy Meeting on August 17 at the Korea Chamber of Commerce and Industry (KCCI) and led discussions on the direction of investment and improvement of industrial technology R&D for 2024, as well as measures to expand the scope of international joint R&D projects. The meeting was attended by representatives from relevant institutes, includin date2023-08-21

Korea attends 13th APEC Energy Ministerial Meeting in Seattle

  The Republic of Korea’s Energy Industry Deputy Minister Cheon Young-gil headed the Korean delegation participating in the 13th Asia-Pacific Economic Cooperation (APEC) Energy Ministerial Meeting from August 15-16 held in Seattle, U.S., breaking the eight-year hiatus following the previous APEC energy ministerial meeting. Korea, the U.S., Canada, Japan, China, Russia, Taiwan, Australia, Indonesia and Malaysia were among the 21 economies that gathered to discuss measures for 1) expa date2023-08-18

Minister Lee chairs meeting to review World Expo 2030 Busan preparations

The Republic of Korea’s Trade, Industry and Energy Minister Chang-Yang Lee held a meeting on August 17 in Seoul to assess the situation for the World Expo 2030 Busan and reviewed the preparation progress and upcoming schedule with relevant ministries and organizations.   With approximately 100 days left until the date of final announcement of the Expo host city, meeting attendees discussed various issues, including overseas marketing, Bureau International des Expositions (BIE) sched date2023-08-18