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Ministry of Trade and Industry (Korea)
Government ministry of South Korea From Wikipedia, the free encyclopedia
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The Ministry of Trade and Industry(MOTI; Korean: 산업통상부) is a ministry under the Government of South Korea. It is concerned with regulating economic policy, especially with regard to the industrial and resources sectors. The ministry also works to encourage foreign investment in Korea.
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The current minister is Kim Jeong-kwan.
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History
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Ministry of Commerce(1948-1993)
The ministry began in 1948 as the Ministry of Commerce during the First Republic. In 1993, it was merged with the Ministry of Energy, established in 1977. A year later the ministry changed its name to Ministry of Trade and Energy.[1]
Ministry of Trade and Energy(1994-1998)
In 1998, it transferred trade negotiation duties to the foreign ministry changing its name to Ministry of Industry and Energy.
Ministry of Industry and Energy(1998-2008)
In 1998, it changed its name to Ministry of Industry and Energy, not changing any fundamental structures.
Ministry of Knowledge Economy(2008-2013)
In 2008, it was restructured into Ministry of Knowledge Economy following newly elected president Lee Myung-bak's cabinet reorganization.
Ministry of Trade, Industry and Energy(2013-2025)
In 2013, following President Park Geun-hye's cabinet reorganisation the ministry was restructured into the current form bringing back trade negotiation duties from the foreign ministry. In 2017, it delegated duties related to SMEs to newly created Ministry of SMEs and Startups under President Moon Jae-in.[2] In 2018, it added the third vice ministerial role for energy policies in addition to existing trade minister and vice minister (now 1st vice minister).[3]
Ministry of Trade and Industry(2025-present)
In 2025, newly elected President Lee Jae Myung's cabinet reorganisation transferred the energy sector to the Ministry of Climate, Energy and Environment, another government branch that was reorganized from Ministry of Environment.
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Headquarters
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The headquarters are located in the Sejong Regional Government Complex in Sejong City.[4] The headquarters were formerly located in the Gwacheon Government Complex in Gwacheon, Gyeonggi Province.[5]
Subsidiary sections
Subsidiary organisations of the MOTIR include:
- Korean Agency for Technology and Standards
- Korea Trade Commission (not to be confused with the country's anti-trust agency Fair Trade Commission)
- Mine Registration Office
- Electricity Regulatory Committee
- Free Economic Zone Planning Office
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Organization
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List of ministers
List of Ministers from 1948 to the present.
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Minister
- Policy Advisor to the Minister
- Director General for Audit and Inspection
Spokesperson
Minister for Trade
- Deputy Minister for Trade
Bureau of Trade Policy
Bureau of Trade Cooperation
Office of FTA Negotiations
- Director General for FTA Policy
- Director General for FTA Negotiations
- East Asia FTA Bureau
Office of International Trade and Legal Affairs
- Director General for International Trade Affairs
- Director General for Trade Legal Affairs and Public Relations
Office of International Trade and Investment
- Director General for International Trade Policy
- Director General for Cross-Border Investment Policy
- Director General for Domestic Policy on Trade
- Director General for Trade Controls Policy
1st Vice Minister
Office of Planning and Coordination
- Director General for Policy Coordination
- Director General for Emergency and Security Planning
Office of Industrial Policy
- Director General for Industrial Policy
- Director General for Materials and Components Industries
- Director General for Manufacturing Industry
Office of Industry and Enterprise Innovation
- Director General for Industrial Technology Convergence Policy
- Director General for Regional Economic Policy
- Director General for Middle Market Enterprise Policy
2nd Vice Minister
Office of Energy Industry
- Director General for Energy Transition Policy Policy
- Director General for Electricity Innovation Policy
- Director General for Renewable Energy Policy
- Director General for Hydrogen Economy Policy
Bureau of Resource Industry Policy
Bureau of Nuclear Energy Industry Policy
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See also
References
External links
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