Ministry of Trade, Industry and Energy

Korea holds Seoul International Forum on Trade Remedies 2023

The Ministry of Trade, Industry and Energy (MOTIE) held the Seoul International Forum on Trade Remedies 2023 on October 13 under the theme of “Challenges and Tasks of Trade Remedies in the Digital Era” at COEX in Seoul, where representatives of major global trade remedy organizations gathered to discuss response measures amid the changing trade landscape and share various cases and experiences of different countries. Approximately 110 representatives, experts and corporate date2023-10-13

Former IPCC Chair elected to lead the Carbon Free Alliance

The Ministry of Trade, Industry and Energy (MOTIE) announced on October 12 that the Carbon Free (CF) Alliance inaugural assembly was held that day at the Korea Chamber of Commerce and Industry (KCCI) in Seoul. The Carbon Free Energy (CFE) Forum, launched in May and more discussion-oriented, will undergo incorporation to secure stability and executive powers. This is part of a follow-up measure to the CF Alliance proposed by President Yoon Suk Yeol during his keynote speech at the United Nations date2023-10-13

Trade Minister discusses cooperation with Chile's Economy Minister

Minister for Trade Dukgeun Ahn held talks with Chile’s Economy, Development and Tourism Minister Nicolas Grau on October 12 in Seoul regarding measures for bilateral cooperation in trade, critical minerals supply chain and green energy, and asked for Chile’s support for Korea’s bid to host World Expo 2030 in Busan. date2023-10-13

Korea and Chile hold 23rd Economic Cooperation Committee meeting

Trade, Industry and Energy Minister Bang Moon Kyu attended the 23rd Korea-Chile Economic Cooperation Committee meeting on October 12 in Seoul, held in commemoration of the two countries’ 20th anniversary of signing the Korea-Chile free trade agreement (FTA).   In his congratulatory message, the minister encouraged those present to 'make further effort for the forward-looing development of Korea-Chile bilateral relations.”   Approximately 100 persons attended the event, date2023-10-13

Korea and Chile discuss ways to expand cooperation upon 20th FTA anniversary

Trade, Industry and Energy Minister Bang Moon Kyu and Chile’s Economy, Development and Tourism Minister Nicolas Grau attended the 23rd Korea-Chile Economic Cooperation Committee meeting on October 12 in Seoul, held by the Korea Chamber of Commerce and Industry (KCCI) and the Federation of Chilean Industry (SOFOFA), in commemoration of the two countries’ 20th anniversary of signing the Korea-Chile free trade agreement (FTA). The Korea-Chile Economic Cooperation Committee has robustly date2023-10-12

Korean delegation attends minerals security partnership meeting in London

The Ministry of Trade, Industry and Energy (MOTIE) announced on October 11 that the Korean delegation, headed by Deputy Foreign Minister for Economic Affairs Kang Jae-kwon, attended the Minerals Security Partnership (MSP) meeting in London on October 10, chaired by the U.S. Department of State, to participate in discussions on measures for cooperation in financial support for critical minerals and cooperation with resource-rich nonmember countries. Attendees agreed that in order to facilitate f date2023-10-12

Korea and Ecuador hold business forum

Deputy Minister for Trade Yang Byeong-nae attended the Korea-Ecuador Business Forum held on October 11 at the Lotte Hotel Seoul and gave a congratulatory message.   The forum was attended by approximately 100 persons, including both countries’ economic delegation members and companies, as well as Ecuador’s Foreign Affairs Minister Gustavo Miranda. date2023-10-12

Korea and Belize discuss cooperation in climate change & renewable energy

Trade, Industry and Energy Minister Bang Moon Kyu, on the occasion of the annual high-level forum on the Korea-Caribbean partnership on October 11 in Seoul, held talks with Belize’s Sustainable Development Minister Orlando Habet on cooperation in economy, Korea-CARICOM TIPF, climate change and renewable energy, and also requested support for World Expo 2030 Busan. date2023-10-11

Korea and Grenada discuss cooperation in renewable energy & trade

Trade, Industry and Energy Minister Bang Moon Kyu, on the occasion of the annual high-level forum on the Korea-Caribbean partnership on October 11 in Seoul, held talks with Grenada’s Mobilization, Implementation and Transformation Minister Andy Williams on bilateral cooperation in trade, economy, renewable energy and development, and also requested support for World Expo 2030 Busan. date2023-10-11

Korea and Ecuador announce joint statement on signing of SECA deal

Trade, Industry and Energy Minister Bang Moon Kyu and Ecuador’s Production, Foreign Trade, Investments and Fisheries Minister Daniel Legarda signed the joint statement announcing the conclusion of the negotiations for the Korea-Ecuador Strategic Economic Cooperation Agreement (SECA) on October 11 at the Lotte Hotel Seoul. date2023-10-11