Ministry of Trade, Industry and Energy

Korea and Lithuania hold talks on bilateral cooperation

Deputy Trade Minister Jeong Dae-jin met with Lithuania's Vice Economy Minister Jovita Neliupsiene at the Government Complex Seoul on August 4 and exchanged views on Korea-Lithuania economic cooperation and other industries like laser and bio. He also requested Lithuania’s interest in and support for Busan’s hosting of World EXPO 2030. date2022-08-05

1st Vice Minister attends 1st Business Realignment & Financial Policies Strategy Meeting

Trade, Industry and Energy 1st Vice Minister Jang Young-jin attended the 1st Business Realignment & Financial Policies Strategy Meeting held at the Korea Chamber of Commerce and Industry (KCCI) on August 3 to assess outcomes related to the launching of the Business Realignment Comprehensive Support Center for one-stop services.   The Vice Minister gave opening remarks and participated in the signboard hanging ceremony to celebrate the launching of the center.   The meeting was date2022-08-05

Trade Minister presides Korea-China Trade Strategy Consultation Meeting

Trade Minister Ahn Duk-geun presided the Korea-China Trade Strategy Consultation Meeting on August 3 at the Korea Chamber of Commerce and Industry (KCCI) to discuss trade cooperation and imbalance countermeasures.   The meeting was attended by approximately 10 experts in diplomacy and economics, including LG Economics Research Institute economist Kim Hyung-joo, Korea Institute for International Economic Policy (KIEP) Director Hyun Sang-baek and Korea Institute of Finance Senior date2022-08-05

MOTIE holds 1st World EXPO 2030 Busan Delegation Meeting

Yoon Sang-jik, the Secretary-General for the Bid Committee for World EXPO 2030 Busan (hereinafter “Committee”), expanded its World Expo 2030 Busan advisory committee into a delegation of eight members on August 4 and launched its first meeting. The aim of this reorganization is to reinforce promotion to BIE (Bureau International des Expositions) member states.   Secretary-General Yoon stated that the “Committee has appointed professionals of various fields as delegation date2022-08-05

MOTIE expands World Expo 2030 Busan Advisory Committee

The Ministry of Trade, Industry and Energy (MOTIE) expanded its World Expo 2030 Busan advisory committee into a delegation of eight members, and launched on August 4 its first meeting. The aim of this reorganization is to reinforce promotion to BIE (Bureau International des Expositions) member states. Yoon Sang-jik, the Secretary-General for the Bid Committee for World Expo 2030 Busan (hereinafter “Committee”), stated that the “Committee has appointed professionals of var date2022-08-05

1st Vice Minister attends Bioplus Interphex Korea 2022

Trade, Industry and Energy 1st Vice Minister Jang Young-jin attended the Bioplus Interphex Korea 2022 opening ceremony at COEX in Seoul on August 3 to give a congratulatory message and tour the 350 exhibition booths displaying biomedical and digital healthcare products of approximately 200 companies from 12 countries.   The event was attended by an estimated number of 300 persons consisting of industry representatives and relevant organization members, including Korea Biotechnology Indust date2022-08-03

1st Vice Minister attends Bioplus-Interphex Korea 2022

Trade, Industry and Energy 1st Vice Minister Jang Young-jin attended the Bioplus-Interphex (International Pharmaceutical and Manufacturing Expo) Korea 2022 opening ceremony at COEX in Seoul on August 3, co-hosted by the Korea Biotechnology Industry Organization and Reed Exhibitions. Bioplus-Interphex Korea 2022 will be running a total of 350 booths showcasing various products from biomedical, digital, healthcare and such various areas and involve the participation of approximately 1,200 compani date2022-08-03

Korea and Vietnam hold Ministerial talks for economic cooperation

Trade, Industry and Energy Minister Lee Chang-yang held talks with Vietnamese counterpart Minister Nguyen Hong Dien on the occasion of the latter's visit to South Korea. Mentioning the two countries’ diplomatic ties establishment in 1992, Minister Lee stated that Vietnam is one of South Korea’s four major trading partners after China, the U.S. and Japan, while also being the largest trade and investment partner in the ASEAN region. South Korea's trade with Vietnam amounted to $ date2022-08-02

Minister Lee attends Korea-Vietnam Ministerial Meeting

Trade, Industry and Energy Minister Lee Chang-yang held talks with Vietnamese counterpart Minister Nguyen Hong Dien on August 2 at the Lotte Hotel Seoul to discuss supply chain, Vietnam's gas coal-fired power plant project and World EXPO 2030 Busan, among various issues of economic cooperation. date2022-08-02

2nd Vice Minister visits Wolseong Nuclear Power Plant

Trade, Industry and Energy 2nd Vice Minister Park Il-jun visited the Wolseong Nuclear Power Plant on August 1 to inspect the facilities maintenance and high-level radioactive waste management status in preparation for summer.   In his remarks, the Vice Minister requested that utmost efforts be made for smooth power supply to prepare against heat waves following the monsoons, particularly since the role of nuclear power is more important than ever to assist power supply during this season date2022-08-02