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Ministry of Trade, Industry and Energy

Korea and Angola hold Business Forum

Minister for Trade Inkyo Cheong attended the Korea-Angola Business Forum, co-hosted by Korea’s Ministry of Trade, Industry and Energy (MOTIE) and the Angolan government, on April 29 in Seoul on the occasion of Angola’s President João Lourenço’s sta...

Apr 30,2024

Ministry of Trade, Industry and Energy

Korea and Oman to resume bilateral Economic Cooperation Committee after 8-year hiatus

Minister for Trade Inkyo Cheong met Chairman of the Oman Public Authority for Special Economic Zones and Free Zones (OPAZ) Ali Masoud Al Sunaidy on April 29 in Seoul to discuss the resumption of the two countries’ bilateral Economic Cooperation Committee. The sixth ...

Apr 30,2024

Ministry of Trade, Industry and Energy

Korea's Defense Exports Task Force launched into high gear

Trade, Industry and Energy Vice Minister Kang Kyungsung led the Defense Exports Task Force in his meeting with Hanwha Aerospace CEO Son Jae-il on April 30 at the company’s Daejeon plant and discussed recent exports outcomes. Launched as a follow-up measure to the De...

Apr 30,2024

Ministry of Trade, Industry and Energy

Korea's retail industry grows 10.9% in March

The Ministry of Trade, Industry and Energy (MOTIE) announced on April 29 that Korea’s retail industry grew 10.9 percent year-on-year in March 2024, with offline and online sales advancing 6.0 percent and 15.7 percent, respectively. MOTIE releases monthly retail sale...

Apr 30,2024

Ministry of Economy and Finance

Monthly Industrial Statistics, March 2024

Statistics Korea released 'Monthly Industrial Statistics, March 2024' report on April 30, 2024. The Index of All industry production in March decreased by 2.1 percent from the previous month. Please refer to the attached pdf for the full report.

Apr 30,2024

Financial Services Commission

FSC to Promote Investment in Climate Technology Sector

Chairman Kim Joo-hyun of the Financial Services Commission attended the technology fund agreement ceremony on April 30. This agreement ceremony is a second follow-up measure for expanded financial support measures for climate crisis response after its first follow-up measure &nda...

Apr 30,2024

Ministry of Economy and Finance

Current Status of Industrial Activities, March 2024

[Current Status of Industrial Activities, March 2024]   In March 2024, the entire industrial production appeared to be adjusted (-2.1%) after four consecutive monthly increases since November 2023, with mining and manufacturing (-3.2%), services (-0.8%), and construction (-8.7%) ...

Apr 30,2024

Ministry of Environment

UN Plastic Pollution Treaty Convening of the 4th Intergovernmental Negotiating Committee (INC-4)

▷ Global unity emphasized to finalize agreement within the year The 4th Intergovernmental Negotiating Committee (INC*-4) for the UN Plastic Pollution Treaty, started on April 23 (Tuesday) in Ottawa, Canada, ended at 2 a.m. local time on April 30, exceeding its original ...

Apr 30,2024

Ministry of Foreign Affairs

Foreign and Defense Ministers Pay Courtesy Call on Australian Prime Minister on April 29

1. Minister of Foreign Affairs Cho Tae-yul and Minister of National Defense Shin Won-sik paid a courtesy call on Australian Prime Minister Anthony Norman Albanese in Canberra on the morning of April 29, during their visit to Australia to attend the 6th ROK-Australia Foreign ...

Apr 29,2024

Ministry of Foreign Affairs

Minister of Foreign Affairs Lays Wreath at Australian National Korean War Memorial and at Tomb of Unknown Australian Soldier on April 29

1.  Minister of Foreign Affairs Cho Tae-yul, who was in Australia to attend the sixth ROK-Australia Foreign and Defense Ministers’ (2+2) Meeting on May 1, laid a wreath at the Australian National Korean War Memorial and the Tomb of the Unknown Australian Soldier in the Austr...

Apr 29,2024