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Ministry of Economy and Finance

Current Status of Industrial Activities (August, 2024)

In August 2024, the entire industry production saw an increase of 1.2%, as the manufacturing sector rebounded sharply by 4.1%, driven by the resolution of temporary factors (e.g. the automobile parts industry strike) from the previous month, and the service sector also saw a mode...

Sep 30,2024

Ministry of SMEs and Startups

Ministry of SMEs and Startups Launches ‘Legal Support Group’ for Global Innovation Special Zones

The Ministry of SMEs and Startups (MSS, Minister OH Youngju) held a launch ceremony for the ‘Global Innovation Special Zone Legal Support Group’ on September 24, 2024, at 2 p.m. at the Space Share Seoul Central Center. The initiative aims to provide legal advice to co...

Sep 27,2024

Ministry of Foreign Affairs

MOFA Spokesperson’s Statement Regarding Call for Ceasefire across Israel-Lebanon Border

1. The government of the Republic of Korea welcomes and fully supports the statements released by countries such as the U.S.A. and France to call for an immediate 21-day ceasefire across the Israel-Lebanon border.2. The ROK government strongly urges all parties concerned to immed...

Sep 27,2024

Ministry of the Interior and Safety

Mongolia’s “SEOUL street” Street Sign Made in Korean-style

•First ever Korean-style street sign installed in Mongolia, a significant step towards expanding the use of “K-Address” •Meeting with the Prime Minister of Mongolia and the Minister of Mongolia and Chief Cabinet Secretariat to discuss the introduction of ...

Sep 27,2024

Ministry of Trade, Industry and Energy

Minister Ahn discusses economic and trade cooperation with Utah governor

Korea’s Trade, Industry and Energy Minister Dukgeun Ahn held talks today in Seoul with the U.S. National Governors Association (NGA) Chair and Utah Governor Spencer Cox, who is leading a trade delegation from the State of Utah, to discuss measures for Korea-Utah economic co...

Sep 27,2024

Ministry of Trade, Industry and Energy

Korea’s first homegrown self-propelled howitzer engine ready for mass production, to enter global market in 2025

The Ministry of Trade, Industry and Energy (MOTIE) and the Defense Acquisition Program Administration (DAPA) of the Republic of Korea held the delivery ceremony of the first homegrown engine for Korea’s self-propelled howitzers, the K9 Thunders, today at STX Engine’s ...

Sep 27,2024

Ministry of Trade, Industry and Energy

Korea plans to raise corporate AI deployment rate to 70% by 2030

The Ministry of Trade, Industry and Energy (MOTIE) announced today that Korea’s President Yoon Suk Yeol chaired the first National Artificial Intelligence (AI) Committee meeting in Seoul with the participation of academia and industry experts for discussions on Korea’...

Sep 26,2024

Financial Services Commission

Korea-Vietnam Financial Cooperation Forum Highlights Sustainable Finance and Capital Market Development

Standing Commissioner Lee Hyung Ju of the Financial Services Commission traveled to Hanoi, Vietnam from September 25 to 26 to attend the Korea-Vietnam Financial Cooperation Forum, meet with senior officials from the State Bank of Vietnam and the State Securities Commission, and h...

Sep 26,2024

Ministry of Environment

Trilateral Environment Ministers Discuss Environmental Issues such as Climate and Plastic

▷ 25th Tripartite Environment Ministers Meeting to be held for two days starting September 28 in Jeju, South Korea▷ Following up on the trilateral summit (May 2024), the meeting will focus on future cooperation plans in environmental areas including climate change, plas...

Sep 26,2024

Ministry of Food and Drug Safety

[Press Release] MFDS leads the way in addressing AMR through global collaboration

<p style="line-height: 140%;"><span style="font-size: 11pt;">Korea&rsquo;s Ministry of Food and Drug Safety (MFDS, Minister Yu-Kyoung Oh) is holding the 4th MFDS Global Conference on Foodborne Antimicrobial Resistance (GCFA) on September 24 and...

Sep 25,2024