Ministry of Trade, Industry and Energy

Korea and Singapore sign Digital Partnership Agreement

Minister for Trade Dukgeun Ahn met with Singapore’s Second Minister for Trade and Industry Tan See Leng in Singapore on November 21 and signed the Korea-Singapore Digital Partnership Agreement (KSDPA), concluding the negotiation procedures for the KSDPA, which was first settled in December 2021, and was followed by a legal examination and deliberation process.  date2022-11-23

Korea and Singapore sign Digital Partnership Agreement

Minister for Trade Dukgeun Ahn met with Singapore’s Second Minister for Trade and Industry Tan See Leng in Singapore on November 21 and signed the Korea-Singapore Digital Partnership Agreement (hereinafter “KSDPA”). The KSDPA was settled in December 2021, followed by a legal examination and deliberation process. Signing of the KSDPA concludes the two countries’ negotiation procedures. One of the key accomplishments of this year’s ASEAN summit meetings, the KSDPA i date2022-11-23

Trade Minister attends 33rd APEC Ministerial Meeting

Minister for Trade Dukgeun Ahn attended the 33rd APEC Ministerial Meeting in Thailand on November 17, held under the theme of “open and sustainable trade and investment,” and stated that the “Korean government is preparing an Indo-Pacific strategy for mutual prosperity of the Asia-Pacific region.”   The meeting was attended by trade ministers of 21 APEC member states, including Thailand (Chair), U.S., Japan, China, Canada and Russia.     date2022-11-22

Korea and Saudi Arabia hold Investment Forum

Trade, Industry and Energy Minister Lee Chang-yang attended the Korea-Saudi Investment Forum on November 17, hosted by the Ministry of Trade, Industry and Energy (MOTIE) and Saudi Arabia’s Ministry of Investment, and organized by the Korea Trade-Investment Promotion Agency (KOTRA), Korea Chamber of Commerce and Industry (KCCI) and the Federation of Saudi Chambers (FSC).   The two countries saw 26 new contracts and memorandums of understanding (MOUs) signed at the forum, including an date2022-11-22

Trade Minister holds bilateral talks on sidelines of 33rd APEC meetings

Minister for Trade Dukgeun Ahn attended the 33rd Asia-Pacific Economic Cooperation (APEC) Ministerial Meeting (Nov. 16-17) and summit meetings (Nov. 18-19) in Thailand, where he also held bilateral talks on the sidelines with major trade partner countries’ counterparts to discuss trade issues and economic cooperation. In discussions with U.S. Trade Representative Katherine Tai, Minister Ahn remarked that the South Korean government and industries are seriously concerned about the Inflatio date2022-11-22

2nd Vice Minister attends K-Recycling Alliance Launch Ceremony

Trade, Industry and Energy 2nd Vice Minister Park Il-jun attended the K-Recycling Alliance Launch Ceremony on November 18 in Seoul held for stabilization of critical minerals supply chain, where he gave a congratulatory message and attended the MOU signing ceremony for public-private joint recycling institutions’ cooperation initiative.   The event was attended by representatives of relevant organizations, including Hwang Kyu-yeon, President of Korea Mine Rehabilitation and Mineral date2022-11-22

Korea and Spain discuss economic cooperation

Trade, Industry and Energy Minister Lee Chang-yang met with Spain’s Industry, Trade and Tourism Minister María Reyes Maroto on November 18 in Seoul to discuss Korea-Spain economic cooperation and requested support for World EXPO 2030 Busan. date2022-11-22

Korea and Spain hold business forum to further cooperation

  Trade, Industry and Energy Minister Lee Chang-yang attended the Korea-Spain Business Forum on November 18 in Seoul on the occasion of Spain’s Prime Minister Pedro Sanchez’s visit to Korea. The forum was held to expand Korea-Spain business cooperation and attended by approximately 100 persons, including officials and corporate representatives of both countries. In his congratulatory message, Minister Lee stated that Korea-Spain economic cooperation potential is great in vie date2022-11-18

Korea and Saudi Arabia hold Investment Forum

Trade, Industry and Energy Minister Lee Chang-yang attended the Korea-Saudi Investment Forum on November 17, hosted by the Ministry of Trade, Industry and Energy (MOTIE) and Saudi Arabia’s Ministry of Investment, and organized by the Korea Trade-Investment Promotion Agency (KOTRA), Korea Chamber of Commerce and Industry (KCCI) and the Federation of Saudi Chambers (FSC). Approximately 300 persons attended the event, including Saudi Arabia’s Investment Minister Khalid A. Al-Falih and date2022-11-18

Minister attends Korea-Indonesia Business Roundtable on sidelines of G20

Trade, Industry and Energy Minister Lee Chang-yang held talks with Korean and Indonesian business leaders in Bali, Indonesia on November 14 on bilateral economic cooperation and requested support for World EXPO 2030 Busan. date2022-11-17