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Ministry of Trade, Industry and Energy

Korea to strengthen energy cooperation with Türkiye and Saudi Arabia

Deputy Minister for Energy Policy Lee Ho-hyeon at the Ministry of Trade, Industry and Energy (MOTIE) of the Republic of Korea is visiting the Republic of Türkiye and Saudi Arabia through February 24–27 for high-level intergovernmental talks on bilateral energy cooperat...

Feb 24,2025

Ministry of Land, Infrastructure and Transport

Fuel Subsidy for Hydrogen Buses to Increase from March 1st

Fuel subsidy per kilogram of hydrogen increased from 3,600 won to 5,000 won to lower bus operators’ cost down to the level of electric buses’ Ministry of Land, Infrastructure and Transport (MOLIT, Minister PARK Sang-woo) announced that the fuel subsidy paid to hy...

Feb 24,2025

Ministry of SMEs and Startups

MSS Announces Measures to Expand AI Utilization by Nurturing AI Startups

FOR IMMEDIATE RELEASE                        Feb. 21, 2025                                             ...

Feb 21,2025

Ministry of Trade, Industry and Energy

Minister Ahn discusses stronger Korea-U.S. cooperation with U.S. Embassy Chargé d'Affaires ad interim

Korea’s Minister for Trade, Industry and Energy Dukgeun Ahn of the Republic of Korea held talks with Ambassador Joseph Yun, Chargé d'Affaires ad interim at the U.S. Embassy in Seoul, today to discuss measures for stronger Korea-U.S. cooperation in trade, investment, ...

Feb 21,2025

Ministry of SMEs and Startups

MSS Hosts 2nd Korea-Japan Bio Ecosystem Roundtable in Tokyo

FOR IMMEDIATE RELEASE                        Feb. 21, 2025                                             ...

Feb 21,2025

Ministry of Foreign Affairs

Multilateral Sanctions Monitoring Team (MSMT) Steering Committee Inaugural Meeting Joint Statement

February 2025The Governments of Australia, Canada, France, Germany, Italy, Japan, the Netherlands, New Zealand, the Republic of Korea, the United Kingdom, and the United States held the inaugural meeting of the Multilateral Sanctions Monitoring Team (MSMT) Steering Committee in W...

Feb 21,2025

Ministry of Economy and Finance

Acting President Choi Sang-mok Visits the Site of Inbound Tourism by Foreign Visitors to Korea

On February 21st (Friday), Acting President and Deputy Prime Minister Choi Sang-mok, who also serves as the Minister of Economy and Finance, visited the Korea Grand Sale Welcome Center at Myeongdong and Olive Young Myeongdong Town store to observe the site of inbound tourism by f...

Feb 21,2025

Ministry of Foreign Affairs

Official Website for APEC 2025 KOREA Launched on February 20

1. The official website for APEC 2025 KOREA was launched on February 20, 2025, ahead of the First Senior Officials’ Meeting (SOM1), which will take place in Gyeongju from February 24 to March 9.2. The website (www.apec2025.kr) features an introduction to APEC as well as...

Feb 20,2025

Ministry of Science and ICT

MSIT and Information Security Companies Collaborate to Expand into the Middle East

- MSIT hosted the Korean joint pavilion, facilitated business meetings, and conducted a briefing session for the Qatar Investment Authority at Saudi LEAP 2025. - 12 companies generated export commitments worth over $1.63 million. - MSIT strengthened cybersecurity ties with ...

Feb 20,2025

Bank of Korea

Business Survey and Economic Sentiment Index (ESI) for Feb 2025

□ The Composite Business Sentiment Index (CBSI) for all industries for Feb 2025 was 85.3, down 0.6 points from the previous month, but that for the outlook for the following month rose by 2.6 points to 88.0. ― In the manufacturing sector, the CBSI for Feb 2025 was 90.1, up 1.1...

Feb 20,2025