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Industry
Digital trade experts from Korea, China and Japan discuss digital trade policies and major issues
Trade, Industry and Energy Deputy Trade Minister Yang Byeong-nae attended the International Seminar on Digital Trade on December 8 at Korea University, held to seek measures for the development of digital trade rules with a focus on the Northeast Asian region, where there are countries strongly competitive in information and communications technology (ICT) and also closely tied to Korea in terms of geopolitics and trade. Hosted by the International Economic Law Association of Korea, organized date2023-12-08
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FTA/Economic Cooperation
Korea and Vietnam hold joint 7th FTA Committee & 13th Industrial Committee meetings
Minister Bang Moon Kyu led the Korean delegation in the 7th Korea-Vietnam FTA Joint Committee meeting and the 13th Korea-Vietnam Industrial Joint Committee meeting on December 7 at the Shilla Seoul and discussed with the Vietnamese delegation, headed by Vietnam’s Industry and Trade Minister Nguyen Hong Dien, the major issues for implementing their bilateral FTA, including import controls, updating of country of origin standards, resolving of non-tariff barriers, and agricultural trade, and date2023-12-08
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Industry
Korea and Vietnam to push critical minerals supply chain cooperation in earnest
Trade, Industry and Energy Minister Bang Moon Kyu met with Vietnam’s Industry and Trade Minister Nguyen Hong Dien on December 7 at the Shilla Seoul to hold the 13th Korea-Vietnam Industrial Joint Committee and 7th Korea-Vietnam FTA Joint Committee meetings, where they discussed measures for stronger economic cooperation. During the Industrial Joint Committee meeting, the two leaders agreed to push forward the establishment of a critical minerals supply chain center and cooperati date2023-12-07
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Industry
Vice Minister attends Bio MPE Global Supply Chain Conference
Trade, Industry and Energy Vice Minister Youngjin Jang attended the Bio MPE Global Supply Chain Conference on December 7 at the Westin Josun Seoul. Prior to the conference, Vice Minister Jang attended the ceremony for the signing of an MOU for stimulating investment in global R&D among bio MPE (materials, parts, equipment) suppliers, buyers and global corporations. At the conference that followed, Vice Minister gave an opening address and reviewed Korea’s bio MPE investment conditions date2023-12-07
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Industry
Korea to enhance standards cooperation with Germany and Czech Republic
Jin Jong-wook, President of the Korean Agency for Technology and Standards (KATS) under the Ministry of Trade, Industry and Energy (MOTIE), attended the Korea-Germany Standards Cooperation Forum on December 7 at the Maritim Hotel Frankfurt in Germany, together with the heads of the German Institute for Standardization (DIN) and the German Commission for Electrotechnical, Electronic & Information Technologies of DIN and VDE (DKE) as part of follow-up measures to the Korea-Germany summit held date2023-12-07
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Industry
Korea and Germany hold bilateral meeting on standards cooperation
Jin Jong-wook, President of the Korean Agency for Technology and Standards (KATS) under the Ministry of Trade, Industry and Energy (MOTIE), attended the bilateral Korea-Germany Standards Cooperation Forum on December 6 at the Maritim Hotel Frankfurt in Germany, and met with German Institute for Standardization (DIN) COO Michael Stephan, German Commission for Electrotechnical, Electronic & Information Technologies of DIN and VDE (DKE) Director Michael Teigeler and European Committee for Elect date2023-12-07
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Industry
Bio MPE firms set out to take on global supply chain cooperation
Trade, Industry and Energy Vice Minister Youngjin Jang chaired the Bio MPE Global Supply Chain Conference on December 7 at the Westin Josun Seoul to inspect Korea’s current bio MPE (materials, equipment, parts) investment situation and issues, and led discussions on global supply chain cooperation. The Bio MPE Solidarity Cooperation Consultative Group (“Group”) is a public-private joint organization launched in September 2020 to build up the momentum for cooperation between Ko date2023-12-07
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FTA/Economic Cooperation
Trade Minister meets with Bulgaria's Economy and Industry Minister
Minister for Trade Dukgeun Ahn met with Bulgaria’s Economy and Industry Minister Bogdan Bogdanov on December 6 in Seoul and discussed measures for stronger economic, trade, investment and industrial cooperation between the two countries. date2023-12-07
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FTA/Economic Cooperation
Korea and Bulgaria discuss measures for stronger trade and industrial cooperation
Minister for Trade Dukgeun Ahn met with Bulgaria’s Economy and Industry Minister Bogdan Bogdanov on December 6 in Seoul and discussed measures for stronger economic, trade, investment and industrial cooperation between the two countries. Noting that the two countries' collaboration, which used to revolve around photovoltaic power generation, is recently diversifying and expanding to other areas like automotive parts, Trade Minister Ahn said that he looks forward to their future cooperatio date2023-12-06
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Industry
Korea and EU hold 1st Industrial Supply Chain Policy Dialogue meeting
Trade, Industry and Energy Vice Minister Youngjin Jang and Kerstin Jorna, Director General of the European Commission’s Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (DG GROW), held the first Korea-EU Industrial Supply Chain Policy Dialogue meeting on December 5 via videoconferencing and discussed major policies and measures for cooperation in supply chain emergency response, technological security and economic security. date2023-12-06