Tag: trade ministry

trade ministry

Latest News

Korea’s steel export quota to the EU falls nearly 20 percent under new safeguard rules

The Trade Ministry noted that Korea's tariff-free quota was reduced by less than the overall cut of 46 percent.

2026.6.30

The nameplate of the Ministry of Trade, Industry and Resources at the government complex in Sejong [YONHAP]

Industry Ministry announces 53 billion won in support for AI factory infrastructure

The Ministry of Trade, Industry and Resources will provide 53 billion won ($35.9 million) in support this year for projects aimed at building infrastructure for AI factories, officials said Wednesday.

2026.4.29

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Leaders link arms during a group photo at the 32nd Asean Economic Ministers' Retreat in Manila on March 13. [AFP/YONHAP]

Korea, Asean hold inaugural joint committee meeting to discuss upgrading bilateral FTA

Korea and Asean on Wednesday held the inaugural meeting of a joint committee designed to discuss improvements to their bilateral FTA, Seoul's Ministry of Trade, Industry and Resources said.

2026.4.8

A mining truck operates in the Huaneng Yimin open-pit coal mine in Hulunbuir in northern China's Inner Mongolia province China on Sept. 15, 2025. [AP/YONHAP]

Gov't to ease public sector limits as part of rare earth supply chain plan

The government has decided to ease restrictions on public sector participation in overseas resource development, in a bid to strengthen supply chains for rare earths and other critical minerals after years of limits.

2026.2.5

Trade Minister Yeo Han-koo, right, speaks at a trade strategy meeting held in Seoul on Jan. 8. [MINISTRY OF TRADE, INDUSTRY AND RESOURCES]

Trade minister will try to keep exports above $700 billion again in 2026

Trade Minister Yeo Han-koo on Thursday vowed to try and maintain Korea's yearly exports over the $700 billion mark for 2026 despite global trade uncertainty, Yeo's office said.

2026.1.8

The Ministry of Trade, Industry and Resources building inside the government complex in Sejong is seen on Jan. 6. [YONHAP]

Gov't discusses response to EU's carbon tax policy with steel industry

The Ministry of Trade, Industry and Resources held a meeting with the steel industry on Thursday to discuss response measures to the European Union's carbon tax policy launched this year, officials said.

2026.1.8

Trade Minister Yeo Han-koo, right, is seen during a meeting at the Korea Chamber of Commerce and Industry in Jung District, central Seoul on Jan. 8. [YONHAP]

Trade ministry eyes greater U.S. outreach amid Washington's concerns over network law revision

The government will work to expand communications with the United States to prevent potential conflict over Korea's revision of its network law, the Ministry of Trade, Industry and Energy said Thursday.

2026.1.8

A petrochemical industrial complex in Ulsan is seen on May 6, 2020. [YONHAP]

Gov't unveils road map to boost competitiveness of chemical industry

The government on Tuesday unveiled a road map to promote technological innovation of the local chemical industry centered around transitioning to high-value and eco-friendly products, the industry ministry said.

2025.12.23

Trade Minister Yeo Han-koo speaks at a ceremony marking the 16th import day in Seoul on Dec. 9 in this photo provided by his office. [MINISTRY OF TRADE, INDUSTRY AND RESOURCES]

Gov't to create new sector, area-specific trade agreement model

The Ministry of Trade, Industry and Resources will work to create a new trade agreement model aimed at expanding ties only in specific areas, such as supply chains, green economy or artificial intelligence, ministry officials said Wednesday.

2025.12.10

U.S. President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House in Washington on April 2. [REUTERS/YONHAP]

Korea to 'intensify negotiations' with U.S. after Trump's 25% tariff announcement

The Korean government will "intensify negotiations" in response to U.S. President Donald Trump’s disclosure of a letter specifying a 25 percent reciprocal tariff on Korean goods.

2025.7.8

Tag: trade ministry

trade ministry

Latest News

Korea’s steel export quota to the EU falls nearly 20 percent under new safeguard rules

Industry Ministry announces 53 billion won in support for AI factory infrastructure

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Korea, Asean hold inaugural joint committee meeting to discuss upgrading bilateral FTA

Gov't to ease public sector limits as part of rare earth supply chain plan

Trade minister will try to keep exports above $700 billion again in 2026

Gov't discusses response to EU's carbon tax policy with steel industry

Trade ministry eyes greater U.S. outreach amid Washington's concerns over network law revision

Gov't unveils road map to boost competitiveness of chemical industry

Gov't to create new sector, area-specific trade agreement model

Korea to 'intensify negotiations' with U.S. after Trump's 25% tariff announcement