Financial Services Commission

The Financial Services Commission announced on March 20 that Korea has been reappointed by the International Financial Reporting Standards (IFRS) Foundation as a member jurisdiction of the Sustainability Standards Advisory Forum (SSAF) for three years (2026-2028). The SSAF w...

Mar 20,2026

Ministry of Land, Infrastructure and Transport

The Ministry of Land, Infrastructure and Transport (MOLIT; Minister KIM Yun-duk) announced that a new motorcycle license plate system featuring enhanced visibility and a unified nationwide numbering system will take effect on March 20. This initiative aims to strengthen the eff...

Mar 19,2026

Ministry of Trade, Industry and Resources

Minister JK (Jung-Kwan) Kim of the Ministry of Trade, Industry and Resources (MOTIR) visited Beijing on March 18, 2026, and held successive Korea–China ministerial meetings on commerce and industry. Minister Kim first met with Wang Wentao, China’s Minister of Commerce, and a...

Mar 19,2026

Ministry of Trade, Industry and Resources

The Ministry of Trade, Industry and Resources (MOTIR, Minister JK Kim) held the 2026 MOTIR–POSCO Group Technology Sharing Event in Seoul on March 18, 2026. The event was attended by Choi Yeon-woo, Director General for Industrial Technology Convergence Policy at MOTIR; POSCO...

Mar 19,2026

Ministry of Trade, Industry and Resources

In February 2026, automobile exports (down 18.5 percent), domestic sales (down 7.2 percent), and production (down 21.0 percent) all declined year-on-year, reflecting three fewer working days due to the Lunar New Year holiday. However, cumulative exports of eco-friendly vehicles i...

Mar 19,2026

Ministry of Agriculture, Food and Rural Affairs

K-Food Attracts Strong Interest from International Buyers at FOODEX JAPAN 2026Sejong, 19 March 2026 — The Ministry of Agriculture, Food and Rural Affairs (MAFRA) participated in the 2026 Tokyo International Food Exhibition (FOODEX JAPAN 2026) held in Tokyo, Japan from 10–13 ...

Mar 19,2026

Ministry of Agriculture, Food and Rural Affairs

The MAFRA’s “K-Chicken Belt” Initiative Seeks to Position Korea as a Global Culinary DestinationSejong, 19 March 2026 — On 19 March, the Ministry of Agriculture, Food and Rural Affairs (MAFRA) announced its plan to establish the K-Chicken Belt (as part of the K-Gastronomy Be...

Mar 19,2026

Ministry of Climate, Energy and Environment

▷ Pilot application to EV charging infrastructure to enhance transparency and efficiency in fiscal execution▷ MoU signed among the Ministry of Climate, Energy and Environment, the Ministry of Finance and Economy, and the Bank of Korea to advance the pilot projectMiniste...

Mar 19,2026

Ministry of Trade, Industry and Resources

Minister JK (Jung-Kwan) Kim of the Ministry of Trade, Industry and Resources (MOTIR) met with Lee Seo-hye, head of the civic group Energy Consumer’s “Energy and Petroleum Market Watch,” on March 17, 2026. They discussed ways to strengthen monitoring of gas stati...

Mar 18,2026

Ministry of Trade, Industry and Resources

Park Dong-il, Deputy Minister of the Office of Industrial Policy at the Ministry of Trade, Industry and Resources (MOTIR, Minister JK Kim), met with Rick Siger, Secretary of the Pennsylvania Department of Community and Economic Development in Seoul on March 18, 2026, to discuss b...

Mar 18,2026