Ministry of Trade, Industry and Energy

First Vice Minister attends Korea Technology Center Opening Ceremony

Trade, Industry and Energy 1st Vice Minister Park Jin-kyu attended the Korea Technology Center (KTC) Opening Ceremony at the Jigok General Industrial Complex located in Yongin, Gyeonggi Province on April 26, held by the global semiconductor company Lam Research. KTC is an R&D center established within the Jigok Industrial Complex by Lam Research. It was completed in February of this year, and is set to headquarter Lam Research Korea in the near future. The world’s 3rd largest semico date2022-04-26

Energy Vice Minister attends 4th Energy Innovation Enterprise Solidarity Forum

Trade, Industry and Energy 2nd Vice Minister Park Ki-young attended the 4th Energy Innovation Enterprise Solidarity and Cooperation Forum in Yeouido on April 22 to foster core leadership and promote active exchange among energy companies.   The Vice Minister delivered a congratulatory message in the presence of approximately 70 attendees, comprising 30 member companies and relevant industry personnel, including Energy Technology Evaluation Institute Director Kwon Ki-young, Kevin LAB CEO K date2022-04-25

SMEs and Middle Market Companies Regulatory Improvement Conference

Trade, Industry, and Energy Minister Moon Sung-wook attended the “SMEs and Middle Market Companies Regulatory Improvement Conference” on April 22 at the Korea Chamber of Commerce and Industry (KCCI) in Seoul to gather opinions of SME and middle market business leaders and discuss measures for regulatory improvement. Minister Moon gave an opening message, stressing the importance of public-private cooperation for swift regulatory improvement and resolving of issues when considering t date2022-04-25

Minister Moon holds Clean Hydrogen Conference

Trade, Industry and Energy Minister Moon Sung-wook held the Clean Hydrogen Conference on April 21 at the LG Chem in Yeosu Industrial Complex to facilitate discussions on carbon neutrality and clean hydrogen industry development.   Minister Moon delivered opening remarks, listened to voices from within the industry, and held a Q&A session. Various industry representatives attended in the conference, including LG Chem Senior Managing Director Yoon Myung-hoon, SK E&S Senior Vice Pres date2022-04-22

MOTIE holds Clean Hydrogen Conference

Trade, Industry and Energy Minister Moon Sung-wook held a Clean Hydrogen Conference with relevant industry leaders on April 21 in Yeosu, South Jeolla Province to discuss domestic hydrogen production and utilization measures, as well as examine the challenges companies face in order to find ways of assistance. In his opening message, Minister Moon stated that hydrogen is the core means of carbon neutrality achievement and new future growth engine. He stressed that “hydrogen is distinguishe date2022-04-22

1st Korea-Sweden Joint Industrial Cooperation Committee Meeting

Trade, Industry, and Energy 1st Vice Minister Park Jin-kyu attended the 1st Korea-Sweden Joint Industrial Cooperation Committee Meeting held on April 20 at the Lotte Hotel Seoul.    The Vice Minister delivered a congratulatory message, observing how “Korea-Sweden trade and investments are rapidly growing, their breadth of cooperation stretching across various sectors like bio, semiconductors, and batteries.” Noting the two countries’ similarities in robust manufactu date2022-04-21

MOTIE holds 26th Trade Promotion Committee

Trade Minister Yeo Han-koo held the 26th Trade Promotion Committee on April 20 at the Government Complex Sejong to discuss Indo-Pacific Economic Framework and Korea-U.S. trade issues, including the recently released National Trade Estimate Report on Foreign Trade Barriers (NTE).   Attending the meeting were various officials from the Ministry of Economy and Finance, Ministry of Science and ICT, Ministry of Foreign Affairs, Ministry of Employment and Labor, Ministry of Agriculture, Food an date2022-04-21

MOTIE holds 26th Trade Promotion Committee

Trade Minister Yeo Han-koo held the 26th Trade Promotion Committee on April 20 at the Government Complex Sejong in the attendance of various relevant ministries to discuss the Indo-Pacific Economic Framework (IPEF), Korea-U.S. trade issues, and approaching WTO and APEC conferences. In his opening remarks, Minister Yeo addressed the urgency of international cooperation for supply chain risk management amid the Ukraine situation and China’s COVID-19 lockdowns. On this note, he stressed th date2022-04-21

Minister Moon visits Boeing Korea Engineering & Technology Center

Trade, Industry, and Energy Minister Moon Sung-wook visited the Boeing Korea Engineering & Technology Center (BKETC) in Seoul on April 20 to tour the AR- and AI-based aviation technology development site and encourage the workers for their technological innovations and contribution to Korea-U.S. cooperation.   Minister Moon received a briefing on Boeing’s space freighter services, satellite-based internet business (November, 2021), and its plans to launch 147 satellites over the date2022-04-20

Government signs resolution for Korea’s CPTPP application

The Government signed the written resolution for Korea’s Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) application at the 228th Economic Ministers’ Meeting held on April 15. The CPTPP application plan was established based on outcomes of social discussions and a public hearing held on March 25, on which a written resolution was signed on April 11-15. Trade Minister Yeo Han-koo stated that “CPTPP application is a matter that Korea has been cont date2022-04-19