Ministry of Trade, Industry and Energy
The Ministry of Trade, Industry and Energy (MOTIE; Korean: 산업통상자원부; Hanja: 産業通商資源部) is a ministry under the Government of South Korea. It is concerned with regulating economic policy, especially with regard to the industrial and energy sectors. The ministry also works to encourage foreign investment in Korea.
산업통상자원부 産業通商資源部 Saneop Tongsang Jawon-bu | |
MOTIE headquarters in Sejong City | |
Agency overview | |
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Formed | July 17, 1948 (as Ministry of Commerce) March 23, 2013 |
Preceding agencies |
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Jurisdiction | Government of South Korea |
Headquarters | Sejong City, South Korea |
Minister responsible |
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Deputy Ministers responsible |
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Child agency | |
Website | www.motie.go.kr |
The current minister is Ahn Duk-geun;Former Head of the Trade Negotiations Division (as a 1st Deputy Minister) in the Department from May 2022 to January 2024.
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