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Ministry of Oceans and Fisheries

Ministry of Oceans and Fisheries to Hold 10th OOC Briefing Session for Diplomatic Envoys to Korea

-Sharing and promoting the seamless preparation of the 10th OOC The Ministry of Oceans and Fisheries (MOF; Minister Kang Do-hyung) announced that it would hold a briefing session about the 10th Our Ocean Conference (OOC) to the invited diplomatic envoys to Korea on Monday, Fe...

Feb 26,2025

Ministry of Foreign Affairs

Vice Minister of Foreign Affairs Kang Insun Attends High-Level Segment of 58th Session of Human Rights Council

– The Republic of Korea Embarked on its Role as a Member of the Human Rights Council1. Vice Minister of Foreign Affairs Kang Insun visited Geneva from February 24 to 26 and attended the high-level segment of the 58th session of the United Nations Human Rights Council (HRC).2. In ...

Feb 26,2025

Ministry of Trade, Industry and Energy

Korea and Australia to widen business cooperation in climate, energy, and supply chains

The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea held the Korea-Australia Green Economy Partnership Arrangement (EPA) Business Forum (“Forum”) today in Seoul as follow-up to the bilateral Green EPA signed between the two countries’ rel...

Feb 26,2025

Ministry of SMEs and Startups

MSS Supports Smart Factory Construction in Collaboration with Local Governments

FOR IMMEDIATE RELEASE                       Feb. 26, 2025                                             &...

Feb 26,2025

Ministry of Foreign Affairs

Ministry of Foreign Affairs Launches AI Diplomacy Division

A Proactive Step to Address AI as a Game Changer in the International Arena1. On February 25, the Ministry of Foreign Affairs (MOFA) officially launched its new AI Diplomacy Division in a strategic initiative designed to tackle the growing challenges and opportunities posed by ar...

Feb 26,2025

Financial Services Commission

Authorities Propose Comprehensive Measures to Prevent Mis-selling of Highly Complex Investment Products

The Financial Services Commission and the Financial Supervisory Service introduced a set of measures intended to prevent mis-selling of highly complex financial investment products on February 26. Background In the aftermath of large-scale losses incurred to investors r...

Feb 26,2025

Ministry of Economy and Finance

Acting President Choi Sang-mok Visits Osong Advanced Medical Complex to Review Strategies for Achieving the Goal of Becoming One of the Top Five Global Biotech Powers

On February 26th (Wednesday), Acting President and Deputy Prime Minister Choi Sang-mok, who also serves as the Minister of Economy and Finance, visited the Osong Advanced Medical Complex (hereinafter referred to as the ‘Complex’), a key bio cluster in the central region, along wi...

Feb 26,2025

Ministry of Environment

Full-Scale Promotion of Electric Vehicle Charging Facility Support in 2025

▷ Budget of KRW 618.7 billion for electric vehicle charging facility installation project, a 43% increase compared to 2024 ▷ Revision of subsidy guidelines to adjust subsidy amounts realistically and strengthen maintenance obligations such as charger repairsThe Min...

Feb 26,2025

Bank of Korea

Economic Outlook (February 2025)

▣ GDP growth forecast for 2025 has been significantly revised downward from 1.9% to 1.5%. ■ Both exports and domestic demand face heightened downward pressures due to U.S. tariff policies and domestic political uncertainty. ■ The future path of growth is anticipated to be c...

Feb 25,2025

Ministry of Trade, Industry and Energy

Korea’s retail industry advances 11.7% in January

The Ministry of Trade, Industry and Energy (MOTIE) announced today that Korea’s retail industry grew 11.7 percent year-on-year in the month of January 2025, with offline and online sales advancing 8.8 percent and 14.6 percent, respectively. MOTIE's monthly retail sales...

Feb 25,2025