Ministry of Economy and Finance
Korea’s Average Tariff Rate on U.S. Imports is Close to 0%
After U.S. President Donald Trump stated in his address to a joint session of Congress on March 4 (local time) that Korea’s average tariff rate is four times higher than that of the U.S., multiple media outlets reported on the comment.
Under the Korea-U.S. Free Trade Agreement (...
Mar 05,2025
Ministry of Economy and Finance
A 50 Trillion KRW High-Tech Strategic Industry Fund to be Established
On March 5th (Wednesday), the government finalized and announced the “Plan for Establishing a High-Tech Strategic Industry Fund (tentative name) to Enhance Future Industrial Competitiveness” during a Ministerial Meeting on National Affairs, Ministerial Meeting on Economic Affai...
Mar 05,2025
Ministry of Patriots and Veterans Affairs
MPVA and Overseas Koreans Agency Unite to Promote a Global Culture of Honor
- On Thursday, the 6th, at 3 PM, Minister Kang Jung-ai and Commissioner Lee Sangdeok will sign a Memorandum of Understanding MOU at National Memorial of the Korean Provisional Government.- The partnership focuses on supporting education on patriots and veterans, preserving and ut...
Mar 04,2025
Ministry of Health and Welfare
APEC Advances Discussions on Future Health Cooperation
APEC Advances Discussions on Future Health Cooperation
- APEC 2025 Korea SOM1 HWG Meeting Held Under the Theme
“Ensuring Health for All for a Sustainable Tomorrow” -
The Ministry of Health and Welfare (MOHW, Minister Cho KyooHong) and the Korea Dis...
Mar 04,2025
Statistics Korea
The Index of Services in January 2025
□ In January, the Index of Services went down by 0.8% month-on-month owing to the drop in 'Wholesale and retail trade' and 'Transportation and storage' in spite of the rise in 'Information and communication’.
❍ In January, the Index of Services fell by 0.9% year-on-yea...
Mar 04,2025
Ministry of Science and ICT
Government Accelerates AI Computing Expansion
Government Accelerates AI Computing Expansion:
AI Computing Infrastructure Special Committee Convenes to Drive GPU Expansion: 10,000 GPUs by Year-End, 18,000 by Mid-Next Year
The government convened the 3rd AI Computing Infrastructure Special Committee (hereinafter refe...
Mar 04,2025
Statistics Korea
Monthly Industrial Statistics, January 2025
1. Production Trend
□ The Index of All industry production in January decreased by 2.7 percent from the previous month.
□ The Index of All industry production in January decreased by 3.5 percent from the same period of the previous year.
□ The Manufacturing Production In...
Mar 04,2025