Ministry of Trade, Industry and Energy

Vice Minister Promotes Green Energy

Vice Minister for Trade and Energy Kim Junggwan speaks at the Global Green Energy Leaders’ Forum on June 14 in Seoul. The forum drew almost 500 participants, including dignitaries from Japan, the United States and Denmark. date2011-06-21

Minister Travels to Russia to Promote Investment, Technology Cooperation

Minister Travels to Russia to Promote Investment, Technology Cooperation Minister of Knowledge Economy Choi Joong-Kyung traveled to Moscow last week for a brief trip to follow up on two memorandums of understanding. One MOU addresses industrial partnerships between Korea and Russia, and the other deals with joint efforts to modernize the Russian economy. While in Moscow, Minister Choi met with business leaders and senior government officials and attended an investment forum and a forum on indus date2011-06-21

Korea, U.S. State of Maryland Forge Industrial Ties

  Korea, U.S. State of Maryland Forge Industrial Ties Minister of Knowledge Economy Choi Joong-Kyung and Maryland Governor Martin O’Malley ink the Memorandum of Understanding on Industrial Cooperation on June 7 in Seoul. date2011-06-17

MKE Senior Official Speaks at Global Biomedical Forum

Director General for Emerging Industries Kim Joon Dong speaks at the opening of the Global Biomedical Forum on June 8 in Seoul. Participants included industry representatives from the United States, Japan and China. date2011-06-17

Retail Sales Figures for May

    date2011-06-17

Korea, China Forge Stronger Industrial Ties

Korea, China Forge Stronger Industrial Ties With the 20th anniversary of the establishment of diplomatic relations coming up in 2012, Korea and China are looking to collaborate on industrial partnerships. “Korea and China need to join forces in advancing strategic partnerships, deepening investment and trade ties and adapting to changes in the industrial environment,” Minister of Knowledge Economy Choi Joong-Kyung remarked earlier this month at a meeting organized to promote investm date2011-06-16

Vice Minister Welcomes Fiji’s Foreign Minister

Vice Minister Welcomes Fiji’s Foreign Minister Vice Minister for Trade and Energy Kim Junggwan discusses investment in the renewable energy sector with Fijian Foreign Minister Ratu Inoke Kubuabola on June 2 in Seoul. The Fijian Minister visited Korea for the first Korea-Pacific Islands Foreign Ministers’ Meeting. date2011-06-14

Vice Minister Speaks With Russian Ambassador to Korea

Vice Minister Speaks With Russian Ambassador to Korea Vice Minister for Trade and Energy Kim Junggwan sits with Russian Ambassador to Korea Konstantin V. Vnukov on June 3 in Gwacheon, south of Seoul. The two officials discussed cooperation on energy and resources. date2011-06-14

MKE Releases Car Sales Figures for May

MKE Releases Car Sales Figures for May The Ministry of Knowledge Economy has released its car sales figures for May. Production, exports and sales of both domestic and imported cars displayed brisk year-on-year growth, partly due to fresh demand for new models and consumer preference for efficient smaller cars. On the back of continued robust exports, Korea produced 388,666 vehicles, a 10.5 percent increase from the year before. Domestic sales posted a 4.8 percent increase to 129,315 vehicles. date2011-06-14

Korea, UAE Investors Discuss Business Partnerships

Korea, UAE Investors Discuss Business Partnerships Ties between Korea and the United Arab Emirates have made considerable progress since 2009, when Korea won a landmark deal to build nuclear power plants in the Middle Eastern country. To expand the scope of bilateral cooperation even further, the two countries recently held a joint investment forum in Seoul. At the forum, UAE delegates had a chance to discuss promising partnerships with potential Korean investors. They explained the country&rsq date2011-06-10