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Ministry of Foreign Affairs

The Republic of Korea-U.S. Consultation on the Special Measures Agreement

Since 1991, Special Measures Agreements have reflected our shared commitment to a stable stationing environment for U.S. forces in the Republic of Korea (ROK) and a robust combined defense posture. As an exceptional measure to Article 5 of the ROK-U.S. Status of Forces Agreement,...

Mar 05,2024

Ministry of Culture, Sports and Tourism

Congratulations to the Korean National Team for Qualifying for the Paris Olympics at the ITTF World Team Table Tennis Championships Finals Busan 2024

On March 4, Minister YU In Chon Met and Congratulated the Men’s and Women’s Table Tennis TeamsTable Tennis Legends, including RYU Seung Min, HYUN Jung Hwa, and KIM Taek Soo, Gathered to Share Insights On the morning of March 4 (Mon), Minister YU In Chon of the Mi...

Mar 05,2024

Ministry of Culture, Sports and Tourism

Korea to foster a Muslim-friendly tourism environment together with the private sector

Launching of “A'alam Arabi Korea” on Feb 28 attended by Minister YU In Chon, Second Vice Minister JANG Mi Ran, and ambassadors from 5 GCC countries31 companies across 6 sectors including accommodation, medical services, beauty, shopping, food and beverage, and K-cultu...

Mar 05,2024

Ministry of SMEs and Startups

MSS to introduce multiple ways to support startups, shifting the existing paradigm for support

The Ministry of SMEs and Startups (Minister OH Youngju) has announced the opening of applications for startups to participate in the Startup Support Package for 2024 starting February 27. This project is expected to bring about a significant change in the way startup support is p...

Mar 04,2024

Ministry of Patriots and Veterans Affairs

MPVA Announces Plan to Build ‘National Memorial for Patriotic Movements’ in Daegu

• The plan was announced at the 16th Policy Discussion with Citizens held at Kyungpook National University on Monday, the 4th.• Research on feasibility and basic concepts will be conducted from March to September, and a preliminary feasibility study in the second half of the year...

Mar 04,2024

Ministry of Foreign Affairs

Foreign Ministers of Korea and the Philippines Exchange Congratulatory Letters to Commemorate 75th Anniversary of Establishment of Diplomatic Relations (March 3)

1. Minister of Foreign Affairs Cho Tae-yul exchanged congratulatory letters with Secretary of Foreign Affairs of the Republic of the Philippines Enrique A. Manalo on March 3, the day of the 75th anniversary of the establishment of diplomatic relations between Korea and the Philip...

Mar 04,2024

Ministry of Economy and Finance

Monthly Industrial Statistics, January 2024

Statistics Korea released 'Monthly Industrial Statistics, January 2024' report on March 4, 2024. The Index of All industry production in January increased by 0.4 percent from the previous month. Please refer to the attached pdf for the full report.

Mar 04,2024

Financial Services Commission

Rule Changes Proposed for Upgrading Regulation on Corporate Mergers and Acquisitions

The Financial Services Commission issued a preliminary notice of rule changes being proposed for improving regulations on corporate mergers and acquisitions under the Financial Investment Services and Capital Markets Act (FSCMA). The revisions being proposed for the enforcement d...

Mar 04,2024

Ministry of Economy and Finance

Outcome of G20 Finance Ministers and Central Banks Governors Meeting

Deputy Prime Minister Choi Sang-mok attended the Group of Twenty (G20) Finance Ministers and Central Banks Governors Meeting held in São Paulo, Brazil from February 28 to 29.   *    Session 1: Economic Policies for Inequality Reduction Session 2: Global Economic Outlook and Asses...

Mar 04,2024

Ministry of Economy and Finance

Current Status of Industrial Activities, January 2024

In January 2024, despite a decrease in mining and manufacturing (-1.3%) and public administration production (-0.7%), the entire industry production climbed up (0.4%) due to increases in services (0.1%) and construction production (12.4%).   The entire retail sales grew (0.8%) in...

Mar 04,2024