Ministry of Trade and Industry (Korea)
| 산업통상부 | |
| File:Ministry of Trade, Industry and Resources of the Republic of Korea Logo (horizontal).svg | |
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| File:Ministry of Trade, Industry and Resources of the Republic of Korea Logo (vertical).svg MOTIR headquarters in Sejong City | |
| Agency overview | |
|---|---|
| Formed | July 17, 1948 (as Ministry of Commerce) March 23, 2013 |
| Preceding agencies |
|
| Jurisdiction | Government of South Korea |
| Headquarters | Sejong City, South Korea |
| Minister responsible |
|
| Deputy Minister responsible |
|
| Website | www.motir.go.kr |
| Korean name | |
| Hangul | 산업통상부 |
| Hanja | 産業通商部 |
| RR | Saneop tongsangbu |
| MR | Sanŏp t'ongsangbu |
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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.
The current minister is Kim Jeong-kwan.
History
[edit | edit source]Ministry of Commerce(1948-1993)
[edit | edit source]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)
[edit | edit source]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)
[edit | edit source]In 1998, it changed its name to Ministry of Industry and Energy, not changing any fundamental structures.
Ministry of Knowledge Economy(2008-2013)
[edit | edit source]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)
[edit | edit source]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)
[edit | edit source]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.
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
[edit | edit source]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
Organization
[edit | edit source]List of ministers
[edit | edit source]List of Ministers from 1948 to the present.[1]
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Minister
[edit | edit source]- Policy Advisor to the Minister
- Director General for Audit and Inspection
Spokesperson
[edit | edit source]Minister for Trade
[edit | edit source]- Deputy Minister for Trade
Bureau of Trade Policy
[edit | edit source]Bureau of Trade Cooperation
[edit | edit source]Office of FTA Negotiations
[edit | edit source]- Director General for FTA Policy
- Director General for FTA Negotiations
- East Asia FTA Bureau
Office of International Trade and Legal Affairs
[edit | edit source]- Director General for International Trade Affairs
- Director General for Trade Legal Affairs and Public Relations
Office of International Trade and Investment
[edit | edit source]- 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
[edit | edit source]Office of Planning and Coordination
[edit | edit source]- Director General for Policy Coordination
- Director General for Emergency and Security Planning
Office of Industrial Policy
[edit | edit source]- Director General for Industrial Policy
- Director General for Materials and Components Industries
- Director General for Manufacturing Industry
Office of Industry and Enterprise Innovation
[edit | edit source]- Director General for Industrial Technology Convergence Policy
- Director General for Regional Economic Policy
- Director General for Middle Market Enterprise Policy
2nd Vice Minister
[edit | edit source]Office of Energy Industry
[edit | edit source]- 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
[edit | edit source]Bureau of Nuclear Energy Industry Policy
[edit | edit source]See also
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References
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- ^ "Location." (Archive) Ministry of Trade, Industry and Energy. Retrieved on January 1, 2014. "Address : 402 Hannuri-daero, Sejong-si, 339-012, Republic of Korea"
- ^ "Location." () Ministry of Knowledge Economy. Retrieved on January 1, 2013. "Address Ministry of Knowledge Economy, 88, Gwanmoonro, Gwacheon-si, Gyeonggi-do, Republic of Korea"
External links
[edit | edit source]- Official MOTIE page
- Official MOTIE page (in Korean)/MUL
- Ministry of Knowledge Economy (Archive)
- Ministry of Knowledge Economy (in Korean) (Archive)
- Official MOCIE Page (Archive)
- Official MOCIE Page (in Korean) (Archive)
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