Ministry of Trade, Industry and Energy

Minister Joo hosts discussion session with foreign investors

     Trade, Industry and Energy Minister Joo Hyunghwan (second from right) attended `Key Investors  Roundtable’ session at the 2016 Foreign Investment Week, where dozens of foreign investors from different sectors ranging from automotive parts and beauty to biotechnology presented their investment plan and asked for the government support in implementing or expanding their investment plan in Korea.   The closed meeting was held at the sideline of the 2016 Foreign date2016-09-29

Vice Minister Jeong delivers speech at the `2016 Foreign Investment Week’

     Trade, Industry and Energy Vice Minister Jeong Marn-ki delivered his speech on Korea’s competitiveness for foreign investment attraction in the opening ceremony of the 2016 Foreign Investment Week, held at the Grand InterContinental Hotel in Samseong-dong, southern Seoul, on September 28. About 1,300 attendants, composed of potential foreign investors overseas, executives from multinational corporations in Korea and Korean companies, officials from provincial governmen date2016-09-29

6th round of Korea-Central America FTA negotiation opens in Managua

    Trade, Industry and Energy Ministry Deputy Director General of FTA Yeo Han-koo (third from left) , who leads the Korean delegate for the Korea-Central America FTA negotiation, posed for a photo with his counterparts from six Central American countries Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama just before the opening of the 6th round  talks on September 26. The latest negotiation was kicked off in Managua, capital city of Nicaragua for a five-day date2016-09-28

Vice Minister Jeong reviews preparations for `Korea Sale FESTA'

     Trade, Industry and Energy Vice Minister Jeong Marn-ki (left)  hosted a meeting with major Korean manufacturers, retailers and restaurant officials participating in `Korea Sale FESTA' at the Plaza Seoul Hotel on Sept. 27. Korea Sale FESTA is a nationwide shopping and cultural festival, hosted in conjunction with Ministry of Culture, Sports and Tourism for boosting domestic consumption and international tourists. In his opening remarks, Vice Minister for Industry an date2016-09-28

Vice Minister Woo and British Minister Mark Price discuss bilateral economic cooperation expansion

     Trade, Industry and Energy Vice Minister Woo Taehee (left) met with Mark Price, British Minister of State for Trade and Investment at the Government Complex Seoul on Sept. 28 to discuss how to expand bilateral economic cooperation between Korea and Britain. This is the first meeting of the two parties since the UK voted to leave the European Union, commonly referred to as Brexit vote.   Korea and Britain has nurtured strong economic partnership over the years date2016-09-28

'Korea Sale FESTA' begins on September 29

The Ministry of Trade, Industry and Energy announced on September 21 that 'Korea Sale FESTA', the country's biggest shopping  festival, will begin on Sept 29 and last until Oct 31. Together with the Ministry of Culture, Sports and Tourism, the Trade, Industry and Energy Ministry has developed the annual national shopping and cultural festival for bargain-hungry Korean consumers and foreign visitors  since the beginning of this year with aims of boosting domestic consumption in slump an date2016-09-23

Minister Joo discusses cooperation with Alaska Gov. Bill Walker

  Trade, Industry and Energy Minister Joo Hyunghwan (left) met Alaska Governor Bill Walker (right) at the Government Complex Seoul, on Sept. 23, 2016 and discussed economic cooperation including the Alaska LNG project. date2016-09-23

Vice Minister Woo delivers speech for 2016 Asia Power Week

      Trade, Industry and Energy Vice Minister Woo Taehee delivered his keynote speech on Korea's new energy industry promotion policy at the opening ceremony for the “2016 Asia Power Week,” the largest and the most comprehensive energy event in the region, which was held at the KINTEX located in Goyang, Gyeonggi Province, on September 20.   In attendance at the event were more than 300 people from over 90 countries including representatives from energy date2016-09-20

Minister Joo visits Wolseong nuclear power complex for safety check-up

Trade, Industry and Energy Minister Joo Hyunghwan (right) visited the Wolseong nuclear power complex located in Gyeongju, North Gyeongsang Province, for safety inspection of the facilities on September 13 after a magnitude 5.8 earthquake hit Gyeongju. During his visit, Joo was debriefed by a director from the Korea Hydro & Nuclear Power Co., the state-run operator of reactors nationwide, about the status of the manually suspended nuclear reactor unit 1 in the complex for the date2016-09-13

Korea wins WTO case against the US anti-dumping duties on Korean washers

The Ministry of Trade, Industry and Energy said in a press release on Sept 8 that the World Trade Organization's dispute settlement panel ruled in favor of Korea over the country's case against United States'  anti-dumping duties imposed on Korean washing machines on September 7, saying the United States' targeted dumping and zeroing methods were in violation of the WTO agreement.   The dispute over Korean washers began back in August 2013 when Korea filed a complaint ag date2016-09-08