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Trade/Investment
MOTIE Hosts Foreign Investment Week 2014
About 300 foreign investors from 22 countries, including companies such as General Electric Aviation, Boeing, Solvay, and Goldman Sachs, are participating in the event, as well as journalists from 25 countries and business leaders of foreign-invested companies in South Korea. date2014-10-31
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FTA/Economic Cooperation
Free Trade Agreement
Overview Current Status Publications Links Overview A Free Trade Agreement (FTA) is a special treaty between member states which facilitates freer movement of goods and services by relaxing tariff and non-tariff barriers for goods, services, investments, intellectual property, government procurements, etc. A Free Trade Agreement (FTA) is the major part of the Regional Trade Agreement (RTA), and is the first step to achieve a complete economic integration. Free Trade Agreement &r date2014-10-27
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MOTIE Starts English Facebook, Twitter, Flickr
Those who “Like” the MOTIE’s Facebook, “Follow” its Twitter or visit its Flickr page will receive updates on the ministry’s latest news and events as well as other useful and insightful information related to South Korea. You can visit and join the MOTIE’s new English SNS pages at: O Facebook : https://www.facebook.com/MOTIEKoreaEng O Twitter : https://www.twitter.com/MOTIEKoreaEng O Flickr : https://www.flickr.com/photos/MOTIEKoreaEng ● Attachments (Picture): 1.MOTIE English Facebook; 2. Twitter; 3. Flickr Attachment 1: MOTIE English Facebook (https://www.facebook.com/MOTIEKoreaEng) Attachment 2: MOTIE English Twitter (https://www.twitter.com/MOTIEKoreaEng) Attachment 3: MOTIE English Flickr (https://www.flickr.com/photos/MOTIEKoreaEng) date2014-09-22
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FTA/Economic Cooperation
MOTIE Minister attends 11th Korea-ASEAN Economic Ministers Meeting
On August 26, 2014, Yoon Sang-jick, Minister of Trade, Industry & Energy participated in the 11th Korea-ASEAN Economic Ministerial Level Talk Meeting and the 17th ASEAN+3 Economic Ministerial Meeting. In the meeting, member nations exchanged in-depth discussions in terms of additional trade liberalization and the increased utilization of KOR–AEASN FTA before the launch of the ASEAN Economic Community in 2015. date2014-09-03
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Trade/Investment
Reducing the burden on companies in the Foreign Investment Zone by half
Promotion Division (044- 203-4083) date2014-08-28
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FTA/Economic Cooperation
In-depth discussions to be held with ASEAN nations on trade liberalization and cooperation measures
Minister of Trade, Industry & Energy Yoon Sang-jick will be participating in the Fourth Economic Ministers Meeting of the Association of South-East Asian Nations (ASEAN) (KOR-ASEAN․ASEAN+3, Regional Comprehensive Economic Partnership (RCEP) and East Asia Summit (EAS), which will be held in Nay Phy Taw, Myanmar for two days starting on August 26. The KOR–ASEAN Economic Ministers Meeting will provide a venue for in-depth discussions of measures for the additional liberalization and the date2014-08-28
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Industry
Root Companies Will Easily Recruit Foreign Students
date2014-08-14
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FTA/Economic Cooperation
Results of the 8th round of the Korea-New Zealand FTA negotiation
date2014-08-11
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Industry
Korea’s Car Industry Recorded Growth in Finished Goods Production, Domestic Sales, Exports and Parts Shipment
* (JD Power, US, July 23) Hyundai Motor Company topped the 2014 APEAL (IDSA, July 22), while the KIA Soul won a Silver Prize at the IDEA Awards in 2014 ** (July 1, 2014, passenger vehicles) Larger than 1,500cc: 2.0%→0% / 1,500cc or below: 5.0%→3.3% The industry also recorded its highest-ever monthly exports of car parts, at USD 2.47 billion, thanks to robust exports to the US and China, Korea’s largest export destinations. ○ Jul 2014 - Production : 409.283 - Domestic Sales : 146,226 - Domestic Cars : 128,114 - Imported Cars : 18,112 - Exports : 266,741 - (Amount) : 43.0 - Car Parts : 24.7 ○ Month-on-Month - Production : 7.6 - Domestic Sales : 4.5 - Domestic Cars : 5.0 - Imported Cars : 1.7 - Exports : 3.2 - (Amount) : 5.4 - Car Parts : 17.2 ○ Year-on-Year - Production : 22.4 - Domestic Sales : 4.0 - Domestic Cars : 1.9 - Imported Cars : 21.1 - Exports : 16.0 - (Amount) : 20.8 - Car Parts : 12.6 ○ Jan through Jul 2014 - Production : 2,751,825 - Domestic Sales : 953,289 - Domestic Cars : 840,914 - Imported Cars : 112,375 - Exports : 1,866,624 - (Amount) : 297.7 - Car Parts : 158.7 ○Year-on-Year - Production : 5.1 - Domestic Sales : 6.8 - Domestic Cars : 4.7 - Imported Cars : 25.6 - Exports : 2.6 - (Amount) : 6.0 - Car Parts : 5.6 date2014-08-08
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Trade/Investment
Korea’s ICT Exports Continue to Show Robust Growth in the 2nd Half of 2014
date2014-08-07