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Korea spurs support for Uzbekistan's WTO accession
The Ministry of Trade, Industry and Energy (MOTIE) held a seminar, joint advisory committee meeting and bilateral negotiations in Tashkent on December 13 for supporting Uzbekistan’s WTO accession. The seminar was attended by approximately 40 persons, including Uzbekistan’s Presidential Office and both countries’ government officials, research institutions and academia experts. The Korean delegation gave a presentation on the WTO Agreement on Subsidies and Countervailing Measur date2023-12-13
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Korea bolsters chip cooperation with the Netherlands during state visit
Minister for Trade Dukgeun Ahn visited ASML Headquarters located in Veldhoven, Netherlands, on December 12 on the occasion of President Yoon Suk Yeol's state visit to attend the Korea-Netherlands Semiconductor Business Conference where both countries’ major chip companies’ representatives attended. At the event, the trade chief signed the memorandum of understanding (MOU) on the establishment of the Korea-Netherlands Advanced Semiconductor Academy with Geoffrey van Leeuwen (VVD), the date2023-12-13
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Korea and EU launch official negotiations for digital trade agreement
The Ministry of Trade, Industry and Energy (MOTIE) announced on December 13 that the first official negotiating round for the Korea-EU Digital Trade Agreement will be held through December 13-15 in Brussels, Belgium, the first official negotiating session convened since the declaration on the launch of official negotiations in October, led by Korea’s Minister for Trade Dukgeun Ahn and the European Commission Executive Vice-President Valdis Dombrovskis. Through the digital trade negotiatio date2023-12-13
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Korea to boost critical minerals supply chain and used battery industry
The Korean government announced during the Emergency Economic Ministerial Meeting held on December 13 measures for strengthening the industrial competitiveness of Korea’s secondary batteries over their entire life cycle. The measures aim to help maintain the global competitiveness of Korea's secondary battery industry as competition is intensifying with major countries’ efforts to secure the secondary battery supply chain, such as measures like the U.S.’ inflation reduction act date2023-12-13
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Korea and Indonesia to kick CEPA implementation into high gear
Director General for FTA Policy Ahn Chang-yong at the Ministry of Trade, Industry and Energy (MOTIE) headed the Korean delegation in the Korea-Indonesia Joint Committee meeting on December 12 in Bali, their first meeting following the bilateral Comprehensive Economic Partnership Agreement (CEPA)’s entry into force on January 1 this year. The Korean delegation consisted of representatives from relevant ministries, including the Ministry of Economy and Finance (MOEF), Ministry of Oceans and date2023-12-12
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Trade leaders gather to discuss major issues prior to upcoming MC13
Trade, Industry and Energy Ministry's Deputy Minister for FTA Negotiations Roh Keon-ki attended the trade ministers’ meeting on December 11, convened at the request of the United Arab Emirates (UAE), Chair of the World Trade Organization (WTO)'s 13th Ministerial Conference (MC13), to facilitate discussions among member countries on major agenda items and catalyze the building of consensus prior to MC13. The attendees concentrated first on discussing measures for making further progr date2023-12-11
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Korea and GCC to accelerate the advancement of bilateral FTA
Director General for FTA Negotiations Chang Sung-gil at the Ministry of Trade, Industry and Energy (MOTIE) is leading the Korean delegation in the chief delegate talks with the Gulf Cooperation Council (GCC) to be held through December 11-13 in Riyadh, Saudi Arabia, for advancing negotiations for the Free Trade Agreement (FTA) between Korea and the alliance of six Middle Eastern countries, namely Saudi Arabia, Kuwait, the United Arab Emirates (UAE) Qatar, Bahrain, and Oman. The GCC delegation i date2023-12-11
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Korea to build global competitiveness in nuclear decommissioning starting with Kori-1 in 2024
Trade, Industry and Energy Ministry's Deputy Minister for Energy Policy Lee Ho-hyeon attended the meeting of the Committee for Strengthening Global Competitiveness in Nuclear Decommissioning on December 8 at the Westin Josun Seoul to discuss measures for bolstering Korean companies’ global competitiveness in the area of nuclear decommissioning. Approximately 18 industrial, academia and research experts attended the committee meeting and focused on the role of the Korea Research Institute date2023-12-08