The dry smelting technology for recovering rare metals such as lithium and nickel from electric vehicle waste batteries will enter the demonstration stage. An environmentally friendly pet funeral service utilizing animal drying facilities in urban areas and a system to clean and recycle discarded ne...
On the 31st, Deputy Minister Jeong In-kyu of the Ministry of Trade, Industry and Energy visited the LG Science Park to listen to the opinions of our export industry and discuss countermeasures. This shows a commitment to strengthen communication within the industry, focusing on advanced industries s...
In February of this year, national tax revenue was reported to have collected 2.3 trillion won more than in February of last year. The national tax revenue for January and February also increased by 2.9 trillion won compared to the same period last year, totaling 61 trillion won. Although tax reven...
Starting next year, as the government plans to impose a carbon border tax in Europe, it will pursue a 'two-track' approach to establish low-carbon steel standards. The government aims to actively participate in the development of international low-carbon steel standards, reflecting the opinions of o...
U.S. President Donald Trump has hinted at mutual tariff measures to be announced on 2nd next month, amid growing pressure regarding non-tariff barriers in the United States. The U.S. is expected to announce targeted tariffs considering all non-tariff barriers, such as quarantine and subsidies, based...
As the United States engages in ceasefire discussions with Russia and Ukraine, expectations for a ceasefire are growing, yet the government appears lukewarm towards the Ukraine reconstruction project. This seems to be due to safety concerns and analyses suggesting that the scale of the Ukraine recon...
The government plans to review the necessity of the 246 certification systems currently operated by 28 ministries by 2027. Among these, duplicate or unreasonable certification systems will be consolidated to reduce the burden on corporations. The Ministry of Trade, Industry and Energy's National Ins...
The economic and trade chiefs of South Korea, China, and Japan are meeting in Seoul to discuss trade cooperation among the three countries. This meeting of the three countries’ ministers of economy and trade is being held for the first time in over five years since the Beijing meeting in December 20...
Minister An Deok-geun of the Ministry of Trade, Industry and Energy said, “We will prepare and announce an emergency plan for the automobile industry in April.” The U.S. government announced the day before (local time) that it would impose a tariff of 25% on imported cars and key automotive parts at...
With the new school year approaching, 150,000 imported items, including school supplies and toys that did not meet safety standards, were detected. This is three times the number compared to the 54,000 items found during a focused inspection conducted at a similar time last year. The Ministry of Tra...
