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Industry
Minister Lee holds 1st Industrial Strategy Roundtable (Semiconductors)
Trade, Industry and Energy Minister Lee Chang-yang held the 1st Industrial Strategy Roundtable at SK Hynix headquarters in Gyeonggi-do on May 30 to discuss key issues, concerns, and the new regime’s semiconductor industry policy directions. On managing the roundtable, Minister Lee referred to the roundtable as a platform for realizing the Ministry’s innovative policy reforms. It will serve as a communication channel between the government and enterprises where industry issues can be date2022-06-08
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Trade/Investment
Trade Minister meets U.S. Senator to discuss mutual investment
Trade Minister Ahn Duk-geun held talks with U.S. Senator Tammy Duckworth at the Grand Hyatt Seoul on June 3 regarding the recent Korea-U.S. summit outcomes and measures for mutual expansion of investments. date2022-06-08
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Industry
1st Vice Minister attends Engineering Day 2022 Ceremony
Trade, Industry and Energy 1st Vice Minister Jang Young-jin attended the Engineering Day 2022 ceremony held at the 63 Building in Yeouido, Seoul on June 3 and delivered a congratulatory message and awarded governmental commendations to contributors of engineering industry development. The ceremony was held to credit those that have significantly contributed to the engineering industry, as well as to congratulate everyone for their hard work. Vice Minister Jang awarded the Gold Tower Ord date2022-06-08
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Energy
2nd Vice Minister holds talks with UAE's ENEC CEO
Trade, Industry and Energy 2nd Vice Minister Park Il-jun held talks with UAE’s Emirates Nuclear Energy Corporation CEO Mohammed Al Hammadi on May 31 regarding the ongoing Barakah nuclear power plant construction and measures to step up the two countries’ energy cooperation. ENEC CEO was visiting Korea to extend congratulations on Korea’s new government taking office and also to discuss the Barakah project, of which ENEC is project owner. The two energy chiefs exchanged views o date2022-06-07
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Trade/Investment
Trade Minister attends 54th South Korea-Japan Business Conference
Trade Minister Ahn Duk-geun attended the 54th South Korea-Japan Business Conference at the Lotte Hotel Seoul on May 30 to discuss joint response to global value chain paradigm changes and bilateral youth exchanges under the theme of “Opening the New Stage in South Korea-Japan Economic Connections.” In his congratulatory message, Minister Ahn thanked the companies of both countries 'for their efforts to stimulate trade and investment amid the pandemic and difficult trade envi date2022-06-07
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Industry
1st Vice Minister attends Metafashion Launch Ceremony
Trade, Industry and Energy 1st Vice Minister Jang Young-jin attended the Metafashion Launch Ceremony at the Dongdaemun Design Plaza (DDP) on May 30 and discussed the potential of Korea’s metafashion industry coupled with world-leading digital technology and infrastructure. In his opening remarks, Vice Minister Jang stated that “metafashion is the key manufacturing-to-services business and the next blue ocean,” and added that “metaverse avatars can try on dig date2022-06-07
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Industry
Minister Lee holds 1st Industrial Strategy Roundtable
Trade, Industry and Energy Minister Lee Chang-yang visited the SK Hynix headquarters in Gyeonggi-do on May 30 to preside the 1st Industrial Strategy Roundtable specific to the semiconductors industry. Minister Lee received a briefing on the Yongin Semiconductor Cluster progress from Kim Dong-sub, SK Hynix President of Communication & External Affairs, and toured the company’s semiconductor fabrication plant. In the subsequent roundtable meeting, he delivered opening remarks, c date2022-06-03
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Trade/Investment
Trade Minister presides 27th Trade Promotion Committee meeting
Trade Minister Ahn Duk-geun presided the 27th Trade Promotion Committee on May 27 at the Government Complex Seoul in the attendance of various relevant ministries to discuss the Indo-Pacific Economic Framework (IPEF), Korea-U.S. summit follow-up measures and its economic implications. The Committee meeting was attended by officials from relevant ministries, including the Ministry of Economy and Finance, the Ministry of Foreign Affairs and the Ministry of Employment and Labor. In his opening re date2022-06-03
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Trade/Investment
Trade Minister holds talks with Ambassador of the EU to the Republic of Korea
Trade Minister Ahn Duk-geun had talks with Maria Castillo-Fernandez, Ambassador of the European Union to the Republic of Korea, on May 27 at the Government Complex Seoul to discuss future industries and supply chain cooperation between Korea and the EU. Minister Ahn stated that “EVs, batteries and semiconductors, and such future industries currently show very robust Korea-EU supply chain cooperation,” and added that “based on these bilateral collaborations, K date2022-06-03
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Trade/Investment
Trade Minister holds 27th Trade Promotion Committee meeting
Trade Minister Ahn Duk-geun presided the 27th Trade Promotion Committee on May 27 at the Government Complex Seoul in the attendance of various relevant ministries to discuss the Indo-Pacific Economic Framework (IPEF), Korea-U.S. summit follow-up measures and its economic implications. Minister Ahn delivered his opening remarks and facilitated discussions on the IPEF progress and future directions, in addition to the economic outcomes of the recent Korea-U.S. summit. The C date2022-06-02