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Press Releases

MOTIE Releases Car Sales Figures for April
[ Ministry of Trade, Industry and Energy ]
May 13, 2013
The Ministry of Trade, Industry and Energy has released its car sales figures for April. Despite more working days last month, the nation’s car production declined 2.5 percent year on year to 386,446 vehicles due to reduced working hours and sluggish export growth. The introducti...
6th Fiscal Management Meeting
[ Ministry of Strategy and Finance ]
May 13, 2013
Vice Minister of Strategy and Finance Lee Suk-Joon hosted the 6th Fiscal Management Meeting, which looked into fiscal expenditure performance at the end of April, and discussed fiscal expenditure management directions. Vice Minister Lee noted that the Korean economy continues to ...
1st Public-Private Partnership Meeting in 2013
[ Ministry of Strategy and Finance ]
May 13, 2013
The 1st Public-Private Partnership Meeting* was held on May 10, chaired by Vice Minister of Strategy and Finance Lee Suk-jun. Revised plans for privately funded public projects were passed at the meeting, along with the revised agreement on the sewage treatment system constructio...
IT Trade Figures for April
[ Ministry of Trade, Industry and Energy ]
May 10, 2013
The Ministry of Trade, Industry and Energy has released its IT trade figures for April. Korea posted a $7.35 billion trade surplus in the information technology sector, marking the eighth straight month of gains thanks to solid performances by major IT categories. IT%20Trade%...
Second Vice Foreign Minister Meets with the Acting US U...
[ Ministry of Foreign Affairs ]
May 10, 2013
1. On May 10, Second Vice Foreign Minister Cho Tae-yul met with Acting US Under Secretary of State for Arms Control and International Security Rose Gottenmoeller, who visited the Republic of Korea on May 9-11. In the meeting, the two sides discussed ways for the ROK and the US to...
Export/Import Price Indices during April 2013
[ Bank of Korea ]
May 10, 2013
□ The Export Price Index(won basis) increased by 0.6% month-on-month in April 2013. ㅇ The index fell by 5.7% in year-on-year terms. □ The Import Price Index(won basis) increased by 0.1% month-on-month in April 2013. ㅇ Year-on-year, it fell by 9.7% *Government press release (May 1...
130th Ministerial Meeting on International Economic Aff...
[ Ministry of Strategy and Finance ]
May 09, 2013
Deputy Prime Minister Oh-Seok Hyun hosted the 130th Ministerial Meeting on International Economic Affairs on May 9 and led discussions on measures to strengthen SME’s overseas market entry capabilities. In addition, the Deputy Prime Minister touched upon the current state of affa...
Address by President Park Geun-hye to the joint Session...
[ Office of the President ]
May 09, 2013
Address by President Park Geun-hye of the Republic of Korea to the joint Session of the United States Congress Speaker Boehner, Vice President Biden, distinguished members of the House and the Senate, ladies and gentlemen, I am privileged to stand in this chamber—this hallowed gr...
Gas leak at Sihwa Complex, no influence to air quality
[ Ministry of Environment ]
May 09, 2013
Regarding the leakage of hydrofluoric acid at the Sihwa Complex on May 6, the National Institute of Environmental Research under the Ministry of Environment reported the result of precise measurement on air quality on the 9th. The result showed that no fluorine was detected at...
ROK Nationals Continue to be Eligible for Visa-Free Ent...
[ Ministry of Foreign Affairs ]
May 09, 2013
On May 9, the US government notified to the government of the Republic of Korea through the US Embassy in Seoul that the visa waiver program (VWP) for nationals of the ROK had been extended for two years up to March 2015. * The ROK joined the US VWP on November 17, 2008, render...