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Ministry of Trade, Industry and Energy

Korea’s exports fall 10.3% in January

The Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea announced on February 1 that Korea’s exports for the month of January declined 10.3 percent year-on-year to USD 49.1 billion. Imports dropped 6.4 percent to $51.0 billion and the trade balance stood...

Feb 03,2025

Statistics Korea

Monthly Industrial Statistics, December 2024

1. Production Trend □ The Index of All industry production in December increased by 2.3 percent from the previous month. □ The Index of All industry production in December increased by 1.4 percent from the same period of the previous year. □ The Manufacturing Production Ind...

Feb 03,2025

Ministry of Environment

Amendment of the Enforcement Decree of the Emission Trading Act

▷ Enhancing the effectiveness of the emission trading system through expanded market participation and strengthened management of corporate emission allocationsThe Ministry of Environment (Minister Kim Wansup) announced that a partial amendment to the Act on the Allocation and Tr...

Jan 31,2025

Ministry of Trade, Industry and Energy

Trade Minister Cheong discusses key trade issues with major economies at WEF 2025 in Davos

Minister for Trade Inkyo Cheong of the Republic of Korea met with counterparts of various economies at the 2025 Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland, for discussions on stronger cooperation. He also attended the session on trade and investment le...

Jan 31,2025

Ministry of Economy and Finance

100 Billion KRW Worth of Korea Savings Bonds to be Issued in February

The Ministry of Economy and Finance plans to issue 100 billion KRW worth of Korea Savings Bonds in February.   The issuance limits for February by bond type are set at 80 billion KRW for the 10-year bond and 20 billion KRW for the 20-year bond, considering the annual issuance pla...

Jan 31,2025

Ministry of Trade, Industry and Energy

Joint press release on the substantial conclusion of discussions for Costa Rica’s accession to the Digital Economy Partnership Agreement

The Parties to the Digital Economy Partnership Agreement (DEPA) are pleased to announce that substantive discussions for Costa Rica to accede to this world-leading digital trade agreement have substantively concluded. Digitally signed in 2020 by Chile, New Zealand and Singap...

Jan 24,2025

Ministry of SMEs and Startups

MSS Holds Meeting with CES Innovation Award Honorees

FOR IMMEDIATE RELEASE                      Jan. 24, 2025                                               ...

Jan 24,2025

Ministry of Foreign Affairs

MOFA Spokesperson’s Statement on Japanese Foreign Minister’s Remarks regarding Dokdo in Foreign Policy Speech

1. The government of the Republic of Korea strongly protests against the Japanese government’s repeated inclusion of unjust sovereignty claims over Dokdo in the Japanese Foreign Minister’s foreign policy speech at the National Diet of Japan on January 24. The ROK government urges...

Jan 24,2025

Ministry of Science and ICT

MSIT to Foster Top-Level AI Talent to Lead Future AI Innovation

- Finalized the 2025 Action Plan for Climate and Environmental R&D Projects The Ministry of Science and ICT (Minister: Yoo Sang-im, hereinafter “MSIT”) has announced the finalization of its 2025 Action Plan for Climate and Environmental R&D Projects. This...

Jan 24,2025

Ministry of Oceans and Fisheries

Launch of Eco-Friendly Ship Fuel Infrastructure Fund to Provide Strong Support for Future Ship Fuel Demand

- Holding the investment signing ceremony for the Eco-Friendly Ship Fuel Infrastructure Fund The Ministry of Oceans and Fisheries (MOF; Minister Kang Do-hyung) and Korea Ocean Business Corporation (KOBC; CEO Ahn Byung-gil) will hold the ceremony for the launch of the Eco-F...

Jan 24,2025