Ministry of Trade Industry and Resources

The Ministry of Trade, Industry and Resources (MOTIR, Minister JK Kim) convened the 54th Trade Promotion Committee on February 10, 2026, at the Korea Chamber of Commerce and Industry (KCCI) in Seoul. The meeting was chaired by Trade Minister Yeo Han-koo, with relevant ministries in attendance.

During the meeting, the ministries shared the outcomes of consultations with the United States—held amid heightened uncertainty after the United States announced plans to raise tariffs—and discussed measures to maintain stability in Korea–U.S. trade relations, including an implementation plan for non-tariff commitments.

The government plans to accelerate Korea’s follow-up actions on strategic investments in the United States, including measures under the Special Act for Korea–U.S. Strategic Investment Management. It will also closely review progress on implementing the non-tariff commitments set out in the Korea–U.S. Joint Fact Sheet (JFS) and continue consultations with the Office of the United States Trade Representative (USTR) on implementation plans.

Trade Minister Yeo stressed that, “As uncertainty in the Korea–U.S. trade environment continues to intensify, it is critical for the government to respond as one team.” He urged relevant ministries to coordinate closely so that “key non-tariff issues are managed in a stable manner and do not become tied to tariff measures.” He added, “MOTIR will maintain close communication with the United States to seek mutually beneficial solutions for both countries.”