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Ministry of Trade, Industry and Energy

Korea and Saudi Arabia broaden cooperation to new and cutting-edge industries

Korea’s Ministry of Trade, Industry and Energy (MOTIE) is sponsoring the Korea-Saudi Business and Investment Forum launched today in Seoul. The forum is anticipated to catalyze economic cooperation between the two countries across new and cutting-edge areas like digital, ad...

May 09,2025

Bank of Korea

Balance of Payments during March 2025 (preliminary)

□ During March 2025, the Korean current account registered a surplus of 9.14 billion dollars. □ Looking at the financial account, net assets increased by 7.82 billion dollars during March 2025.

May 09,2025

Ministry of Trade, Industry and Energy

MOTIE holds APEC Sustainable Supply Chain Forum

Korea’s Ministry of Trade, Industry and Energy (MOTIE) is hosting the APEC Sustainable Supply Chain Forum today at the International Convention Center Jeju (ICC Jeju) to seek strategic measures at the APEC-level to strengthen global supply chain sustainability and resilienc...

May 09,2025

Ministry of Trade, Industry and Energy

41st APEC Automotive Dialogue launches on Jeju Island

Korea’s Ministry of Trade, Industry and Energy (MOTIE) announced today that the 41st APEC Automotive Dialogue (AD) will convene through May 9–10 at the International Convention Center Jeju (ICC Jeju) on the sidelines of the APEC Second Senior Officials’ Meeting ...

May 09,2025

Ministry of Foreign Affairs

Connecting Past and Future of Korea and Japan

1. Minister of Foreign Affairs Cho Tae-yul visited on May 8 (Thursday) a special exhibition on the Tongsinsa (delegation from the Joseon Dynasty to Japan), which is under way at the Seoul Museum of History under the theme “Bonds of the Heart, Waves of Resonance.”2. The exhibition...

May 08,2025

Ministry of the Interior and Safety

Joint Announcement by Four Ministries on Comprehensive Plan to Address Unoccupied and Derelict Houses

Joint Announcement by Four Ministries on Comprehensive Plan to Address Unoccupied and Derelict Houses -A joint task force of MOIS, MOLIT, MAFRA, and MOF has developed a plan to manage unoccupied and derelict houses as a government-wide initiative to promote balanced national ...

May 08,2025

Ministry of Trade, Industry and Energy

U.S. CEBA officially joins CFE Initiative

Korea’s Ministry of Trade, Industry and Energy (MOTIE) announced today that the Clean Energy Buyers Association (CEBA) officially declared its participation in the Carbon Free Energy (CFE) Initiative. CEBA is the largest U.S. organization representing clean energy customers...

May 08,2025

Ministry of Trade, Industry and Energy

Korea and Czech Republic deepen comprehensive economic cooperation

Korea’s Minister of Trade, Industry and Energy Dukgeun Ahn held talks with Czech Prime Minister Petr Fiala and President of the Senate Miloš Vystrčil, respectively, on May 7 on the occasion of the visit to the Czech Republic made by Korea’s special delegation c...

May 08,2025

Bank of Korea

Official Foreign Reserves(April 2025)

□ Korea's official foreign reserves as of the end of April 2025 amounted to 404.7 billion dollars. ㅇ Korea’s official foreign reserves consisted of securities valued at 356.5 billion dollars (88.1%), deposits of 23.2 billion dollars (5.7%), SDRs of 15.7 billion dollars ...

May 08,2025

Ministry of Foreign Affairs

ROK, U.S. and Japan Hold Phone Call on North Korea’s Ballistic Missile Launches (May 8)

1. On the morning of May 8 (Thursday), the officials of the Republic of Korea (ROK), the United States and Japan at the level of deputy special representative for North Korea held telephonic consultations to share their respective assessments of North Korea’s ballistic missile la...

May 08,2025