Ministry of Trade, Industry and Energy
Electric power equipment industry gearing up as Korea's new export growth engine
Trade, Industry and Energy Minister Dukgeun Ahn visited HD Hyundai Electric on July 4 in Gyeonggi Province to discuss export assistance measures for the electric power equipment and materials industry.
As vast amounts of electric power are needed in the recent expansion o...
Jul 05,2024
Ministry of SMEs and Startups
MSS to establish a new global fund of KRW 1.2 Trillion
The Ministry of SMEs and Startups (MSS, Minister OH Youngju) announced the results of the selection of fund management companies to manage the global fund in 2024.
This year's investment project was on an unprecedented scale of KRW 150 billion. The project received applica...
Jul 04,2024
Ministry of Trade, Industry and Energy
Solar power distribution blueprint built around Korea's industrial complexes
Trade, Industry and Energy Vice Minister Namho Choe chaired the Renewable Energy Policy Meeting on July 3 and announced the ministry’s measures for invigorating solar power generation across industrial complexes as part of implementing the previously announced strategy for ...
Jul 04,2024
Ministry of Trade, Industry and Energy
Lotte Biologics' biopharma plant breaks ground in Songdo
Trade, Industry and Energy Vice Minister Kang Kyungsung attended the groundbreaking ceremony of Lotte Biologics’ biopharmaceuticals manufacturing plant on July 3 in Incheon, with the participation of Lotte Group Chairman Shin Dong-bin, major domestic and overseas pharmaceut...
Jul 04,2024
Financial Services Commission
Policy Finance Support Worth KRW3.5 Trillion Planned to Promote AI Development
The Financial Services Commission held the seventh consultative body meeting on policy finance support with related government ministries and policy financial institutions on July 4. The consultative body on policy finance support was launched at the end of 2022 to more effective...
Jul 04,2024
Ministry of Culture, Sports and Tourism
Korea and EU Discuss on Leading the Global Copyright Regime
The Ministry of Culture, Sports and Tourism (Minister YU In Chon, MCST) and the European Commission (President of the European Commission Ursula von der Leyen, EU) hosted the “1st EU-Korea Copyright Roundtable” in Seoul on July 4 (Thur).The “1st EU-Korea Copyrig...
Jul 04,2024
Ministry of Economy and Finance
The 242nd Ministerial Meeting on International Economic Affairs (Jul.4, 2024)
Deputy Prime Minister Choi Sang-mok held the Ministerial Meeting on International Economic Affairs at the Government Complex-Seoul on July 4 to discuss five agenda items: ①Strategic operation plans for the Export-Import Bank of Korea (EXIM Bank) policy financing, ②Strategies for ...
Jul 04,2024
Ministry of Foreign Affairs
Outcome of Korea-Luxembourg Foreign Ministers' Working Breakfast
1. Minister of Foreign Affairs Cho Tae-yul had a working breakfast with Luxembourg's Vice Prime Minister and Minister for Foreign Affairs and Foreign Trade, Xavier Bettel, who is on an official visit to Korea, on Wednesday, July 3. The two ministers discussed a range of areas, in...
Jul 03,2024