Ministry of Trade, Industry and Energy

MOTIE holds 1st RCEP Joint Committee Meeting

The Ministry of Trade, Industry, and Energy (MOTIE) attended the Regional Comprehensive Economic Partnership (RCEP) Joint Committee on April 26 via videoconferencing at the Government Complex Seoul, the first meeting since its coming into force on February 1 this year. The Korean government delegation is led by MOTIE’s Director General for FTA Negotiations Lee Kyung-sik and comprises eight delegates from relevant ministries, including the Ministry of Economy and Finance and the Minis date2022-04-27

1st 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 hosted by Lam Research on April 26 in Yongin, Gyeonggi Province.   In his message, Vice Minister congratulated the completion of the awaited KTC within the Jigok General Industrial Complex, and participated in the LED touchscreen ceremony in recognition of the official launching of the R&D Center and to encourage Lam Research in its push to develop the semiconductor in date2022-04-26

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