The Korean Ministry of Trade, Industry, and Energy (MOTIE) is a key government agency responsible for driving industrial growth, increasing exports, fostering international trade, and ensuring stable energy supplies in Korea. MOTIE plays a crucial role in strengthening the global competitiveness of Korean businesses while addressing challenges like high inflation, interest rates, and exchange rate fluctuations.
MOTIE is committed to overcoming low growth through growth-oriented industrial strategies, enhancing R&D, and promoting regulatory innovation. The ministry also focuses on achieving carbon neutrality by harmonizing nuclear power with renewable energy, advancing hydrogen and new energy industries, and shaping trade policies that enable Korean businesses to thrive in the global market. MOTIE is dedicated to navigating Korea through the changing global trade and energy landscape, ensuring sustainable economic growth and stability.