Ministry of Trade, Industry and Energy (South Korea)

Ministry of Trade, Industry and Energy
Republic of Korea
산업통상자원부
産業通商資源部
Saneop Tongsang Jawonbu
Agency overview
Formed February 29, 2008
(Ministry of Commerce, 1948)
Preceding agencies
  • Ministry of Commerce, Industry and Energy
  • Ministry of Knowledge Economy
  • Ministry of Foreign Affairs and Trade (Trade affairs only)
Jurisdiction South Korean government
Headquarters Sejong City, South Korea
Employees 32,902
Ministers responsible
  • Paik Ungyu, Minister of Trade, Industry and Energy
  • Lee In-ho, Vice Minister
Child agencies
Website www.motie.go.kr
Headquarters in Sejong City

The Ministry of Trade, Industry and Energy (MOTIE) is a branch of the South Korean government. It is concerned with regulating some economic policy, especially with regard to the industrial and energy sectors. The ministry also works to encourage foreign investment in Korea. The current minister is Joo Hyung-Hwan.

Headquarters

The headquarters are located in the Sejong Regional Government Complex in Sejong City.[1] The headquarters were formerly located in the Gwacheon Government Complex in Gwacheon, Gyeonggi Province.[2]

The ministry began in 1948 as the Ministry of Commerce in the First Republic. In 1993 it was merged with the Ministry of Energy, established in 1977. It became the Ministry of Knowledge Economy in 2008, and the Ministry of Trade, Industry and Energy in 2013.

Subsidiary sections

Subsidiary departments and organisations of the MTIE include:

See also

References

  1. ↑ "Location." (Archive) Ministry of Trade, Industry and Energy. Retrieved on January 1, 2014. "Addresss : 402 Hannuri-daero, Sejong-si, 339-012, Republic of Korea"
  2. ↑ "Location." () Ministry of Knowledge Economy. Retrieved on January 1, 2013. "Address Ministry of Knowledge Economy, 88, Gwanmoonro, Gwacheon-si, Gyeonggi-do, Republic of Korea"


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