Ministry of Trade Industry and Resources

Trade Minister Yeo Han-koo of the Ministry of Trade, Industry and Resources (MOTIR) chaired the 52nd Trade Promotion Committee on Wednesday, December 10, at the Korea Chamber of Commerce and Industry in Seoul.

The meeting brought together officials from relevant ministries to review plans for holding the Korea–U.S. FTA Joint Committee, assess progress on the Korea–UK FTA upgrade negotiations, and examine key trade issues involving the EU, Mexico, and Canada, as well as developments related to the U.S. IEEPA lawsuit.

In his opening remarks, Trade Minister Yeo emphasized that “stable management of non-tariff issues remains critically important” following the conclusion of bilateral tariff negotiations with the United States, and called for “active inter-ministerial cooperation as the government prepares for the Joint Committee.” He also underscored the government’s commitment to “maintain vigilance and pursue proactive response measures as major economies expand protectionist measures and global trade conditions remain volatile.”