Ministry of Trade Industry and Resources

4th Korea-Germany Hydrogen Conference held in Seoul

Trade, Industry and Energy Vice Minister Kang Kyungsung attended the Korea-Germany Hydrogen Conference held through October 31-November 1 at the EL Tower in Seoul for expanding the scope of bilateral cooperation in hydrogen policies, industries and technology.   Participants shared information on industrial and technological trends of hydrogen policies, hydrogen production, distribution and utilization, as well as measures for cooperation across the hydrogen ecosystem.   Co-organiz date2023-11-02

Korea and Germany strengthen cooperation in clean hydrogen

Trade, Industry and Energy Vice Minister Kang Kyungsung attended the Korea-Germany Hydrogen Conference held through October 31-November 1 at the EL Tower in Seoul for expanding the scope of bilateral cooperation in hydrogen policies, industries and technology. Co-organized by Germany’s Fraunhofer Society for the Advancement of Applied Research and H2KOREA, the conference was attended by approximately 100 experts of both countries’ governments, hydrogen-related corporations and academia, including Germany’s Udo Philipp, State Secretary for the Federal Ministry of Economic Affairs and Climate Action and Jens Brandenburg, Parliamentary State Secretary for the Federal Ministry of Education and Research. Participants shared information on industrial and technological trends of hydrogen policies, hydrogen production, distribution and utilization, as well as measures for cooperation across the hydrogen ecosystem. In his congratulatory message at the opening ceremony, Vice Minister Kang stated that “Korea and Germany are similar in terms of their manufacturing-centered industrial structures and high reliance on energy imports, and in this respect, the importance of clean hydrogen is great.” He highlighted that in view of Korea’s competitiveness in hydrogen utilization (FCEVs, fuel cells) and Germany’s advanced technology in hydrogen production and storage (electrolysis, liquefaction), the two countries should strengthen bilateral cooperation and continue to closely collaborate for expanding the global trade of clean hydrogen. date2023-11-02

Korea and Germany to strengthen cooperation in advanced industries & carbon neutrality

Minister for Trade Dukgeun Ahn met Udo Philipp, State Secretary for Germany’s Federal Ministry of Economic Affairs and Climate Action, on October 30 at the Lotte Hotel Seoul to discuss bilateral cooperation measures in advanced industries and achieving carbon neutrality, and asked support for World Expo 2030 Busan. Noting the 140th anniversary of diplomatic relations between Korea and Germany, Trade Minister Ahn assessed that Korea and Germany, through the free trade agreement, developed date2023-11-02

MOTIE discusses Korean companies' energy cooperation with Malaysia's Petronas

Deputy Minister for Energy Policy Lee Ho-hyeon met with Malaysia’s state-owned Petronas COO Adnan Zainal Abidin on October 27 at the Lotte Hotel Seoul to discuss measures for bilateral cooperation in energy areas, including LNG, hydrogen and CCS. date2023-10-31

MOTIE discusses Korean companies' energy cooperation with Malaysia's Petronas

Deputy Minister for Energy Policy Lee Ho-hyeon met Petronas COO Adnan Zainal Abidin on October 27 in Seoul to discuss measures for cooperation in LNG, hydrogen, CCS (carbon capture and storage) and other energy areas. Petronas is Malaysia’s state-owned energy company currently engaging in a number of joint projects with Korean firms. The above talks came to be held on the occasion of COO Abidin’s visit to Korea seeking potential business partners. On LNG, Deputy Minister Lee highli date2023-10-31

CF Alliance takes off to lead global discussions on carbon neutrality standards

Trade, Industry and Energy Minister Bang Moon Kyu attended the launching ceremony for the Carbon Free (CF) Alliance on October 27 at the Korea Chamber of Commerce and Industry (KCCI).   The event was also attended by Prime Minister Han Duck-soo, heads of national policy research institutes and representatives of member companies, including SK Hynix, Hyundai Motor, LG Chem and POSCO.   date2023-10-31

CF Alliance takes off to lead global discussions on carbon neutrality standards

The Ministry of Trade, Industry, and Energy (MOTIE) announced that the launching ceremony for the Carbon Free (CF) Alliance took place on October 27 at the Korea Chamber of Commerce and Industry (KCCI), attended by Korea’s Prime Minister Han Duck-soo, representatives of member companies, and heads of national policy research institutes. The Alliance is viewed to play a crucial role in promoting the Carbon Free Energy (CFE) Initiative, as proposed by President Yoon Suk Yeol during his keyno date2023-10-30

Korea paves the way for global recognition of domestic carbon footprint verification system

The Ministry of Trade, Industry, and Energy (MOTIE) announced on October 26 that the Korea Institute of Industrial Technology (KITECH) signed a memorandum of understanding (MOU) with the Carbon Footprint International Alliance (CFIA), a coalition consisting of carbon footprint verification system operators from various countries for mutual acknowledgement and validation of each country’s carbon footprint verification process. The MOU aims to attain global accreditation for the global carbo date2023-10-30

Minister Bang discusses cooperation with Qatari Minister of State for Energy Affairs

Trade, Industry and Energy Minister Bang Moon Kyu met Qatar's Minister of State for Energy Affairs and QatarEnergy CEO Saad Sherida Al-Kaabi on October 25 in Qatar to discuss measures for bilateral energy cooperation. date2023-10-30

Korea and Qatar upgrade LNG partnership to cooperation in trade and new industries

The Ministry of Trade, Industry and Energy (MOTIE) announced on October 25 that one agreement and two memorandums of understanding (MOUs) were signed between Korea and Qatar on the occasion of the Korea-Qatar summit meeting held on October 25 in Doha, Qatar. First, MOTIE Minister Bang Moon Kyu and Qatar’s Commerce and Industry Minister Mohammed bin Hamad bin Qassim Al Abdullah Al Thani signed the Trade and Investment Promotion Framework (TIPF) MOU for the diversifying of bilateral coopera date2023-10-30