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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

Ministry of Environment

Vice Minister of Environment: "International Community's Efforts Needed to Finalize the Plastic Agreement Within the Year"

▷ Vice Minister Lim Sang-jun attends 6th UNEA, urging the international community to focus on achieving goals for global environmental crisis resolutionThe Ministry of Environment (Minister Han Wha-jin) announced that Vice Minister Lim Sang-jun attended the 6th United Nation...

Mar 03,2024

Ministry of Foreign Affairs

REAIM Regional Consultations (ASIA) Held on February 26-27

1. The Republic of Korea (ROK), together with the Netherlands and Singapore, hosted Responsible Artificial Intelligence (AI) in the Military Domain (REAIM) Regional Consultations (Asia) from February 26 to 27 in Singapore. 2. The REAIM Summit is a platform for international d...

Feb 29,2024

Ministry of Foreign Affairs

Outcome of ROK-U.S. Foreign Ministers’ Meeting

1. During his visit to the United States, Minister of Foreign Affairs Cho Tae-yul had his first bilateral meeting with U.S. Secretary of State Antony J. Blinken since his inauguration at the U.S. Department of State on February 28, local time. In the meeting that came merely six ...

Feb 29,2024

Ministry of Gender Equality & Family

Sanctions for non-payment of childcare expenses without a detention order now possible

Sanctions for non-payment of childcare expenses without a detention order now possible -The amendment to the “Act On Enforcing And Supporting Child Support Payment” passed the plenary session of the National Assembly on Thursday,  Feb.  29 - - Procedures t...

Feb 29,2024

Ministry of Gender Equality & Family

Blocking access to products from foreign shopping malls that do not comply with youth hazard labels

Blocking access to products from foreign shopping malls that do not comply with youth hazard labels The Ministry of Gender Equality and Family(MOGEF) conducted an emergency inspection of six foreign online shopping malls* offering Korean-language services on compliance with th...

Feb 29,2024