Ahn Duk Geun News - Latest Updates & Headlines
South Korea's exports down 1.3 pc to $57.3 billion in May
Seoul, June 1: South Korea's exports dropped 1.3 per cent from a year earlier in May, snapping a three-month winning streak, as outbound shipments to the United States sharply went down amid the U.S. President Donald Trump administration's sweeping tariff policies, government data showed on Sunday.
Seoul minister urges minimal impact of US tariffs on energy cooperation
Seoul, May 30: South Korean Industry Minister Ahn Duk-geun on Friday met visiting US lawmakers and urged measures to minimise negative impacts on bilateral cooperation in energy and supply chains from Washington's tariff scheme, his office said.
South Korea, US to hold 2nd round of tariff talks in Washington this week
Seoul, May 19: South Korea and the United States are scheduled to hold a second round of technical discussions in Washington this week regarding the latter's sweeping tariff scheme, as the two sides are working toward forging a "package" deal by early July, officials said on Monday.
South Korea requests exemption from all US tariffs
Seoul, May 16: South Korea has again asked the United States to exempt the country from all tariffs, Seoul's Industry Minister Ahn Duk-geun said on Friday, after meeting with US Trade Representative Jamieson Greer on the sidelines of a trade ministers' meeting of the Asia-Pacific Economic Cooperation (APEC) member economies.
South Korean, US trade chiefs to hold talks over tariffs
Seoul, May 16: South Korea's trade chief Ahn Duk-geun was set to hold talks with US Trade Representative (USTR) Jamieson Greer on Friday on the sidelines of a trade ministers' meeting of the Asia-Pacific Economic Cooperation (APEC) member economies, officials said.
South Korea, US to begin working-level talks on tariffs next week
Seoul, April 26: South Korea and the United States will start working-level discussions next week to advance their agreement on trade tariffs and other areas of cooperation, Industry Minister Ahn Duk-geun said on Saturday.
South Korea, US agree on achieving 'expedient, meaningful' progress: USTR
Washington, April 26: The Office of the US Trade Representative (USTR) said that South Korea and the United States agreed to seek "expedient and meaningful" progress toward "reciprocal and balanced" trade during a bilateral meeting in Washington the previous day.
Seoul to discuss cooperation with US in shipbuilding, energy at trade consultation
Seoul, April 23: South Korea will discuss ways to bolster the country's cooperation with the United States in the shipbuilding and energy sectors at the upcoming bilateral "2+2 trade consultations," Seoul's top trade official said on Wednesday.
South Korean industry minister to visit US for tariff negotiations
Seoul, April 14: Industry Minister Ahn Duk-geun could visit the United States as early as next week for negotiations with Washington over its reciprocal tariffs, a government official here said on Monday.
US tariffs: South Korea to devise support measures for chip industry
Seoul, April 10: The government will "swiftly" devise support measures for the local chip industry to cushion the impact of the United States' planned tariffs on semiconductor imports, the industry minister said on Thursday.
South Korea to continue negotiations with US on trade barrier issues
Seoul, April 1: The South Korean government will continue negotiating with Washington on non-tariff measure issues ahead of the planned announcement of U.S. reciprocal tariffs, the industry ministry said on Tuesday, shortly after the office of the US Trade Representative (USTR) released an annual report on foreign trade barriers.
Trade chiefs of S. Korea, China, Japan discuss advancing cooperation
Seoul, March 30: The top trade officials of South Korea, China and Japan on Sunday discussed bolstering trade cooperation among the three countries in their first trilateral ministerial meeting in six years, held amid growing protectionism and tensions in the global trade market.
S. Korea to seek removal from US list of 'sensitive' countries: Industry minister
Seoul, March 20: South Korea will work to seek removal from the US Department of Energy's (DOE) list of "sensitive" countries and expand bilateral energy cooperation, Seoul's industry minister said on Thursday.
S. Korean industry minister likely to visit US later this week
Seoul, March 17: South Korean Industry Minister Ahn Duk-geun is expected to visit the United States later this week to deal with Washington's designation of South Korea as a "sensitive" country, government sources here said on Monday.
South Korea adopts new measures to bolster stable supply of energy
Seoul, March 14: South Korea has adopted new measures to bolster its capabilities for the stable supply of energy amid climate change and higher demand for electricity and thermal energy, the industry ministry said on Friday.
S. Korea to devise response measures to US tariffs on steel this month
Seoul, March 13: Seoul will come up with a response strategy before the end of this month to deal with the United States' 25 per cent tariff on all steel imports and protect the Korean steel industry, the industry minister said on Thursday.
South Korea shifts to emergency response system as US steel tariffs take effect
S: eoul, March 12 (IANS The South Korean government will go into a full emergency response mode as the U.S. tariffs on all steel and aluminum imports went into effect on Wednesday, Seoul's industry ministry said, amid efforts to minimise the impact of new U.S. duties on local industries.
S. Korea calls for exemption of semiconductor workers from 52-hour work week
Seoul, March 11: Industry and labour ministers on Tuesday called for an exemption of researchers in the semiconductor industry from South Korea's 52-hour workweek system that prevents them from working extended hours even when needed.
South Korea to launch consultative bodies with US for tariff negotiations
Seoul, March 4: South Korea and the United States have agreed to launch working-level consultative bodies on promoting bilateral cooperation in shipbuilding and energy industries, as well as for discussions on Washington's new tariff scheme, Seoul's industry minister said on Tuesday.
Industry minister asks US to exclude South Korea from new tariff scheme
Seoul, March 1: South Korean Industry Minister Ahn Duk-geun has filed a request with the U.S. government to exclude South Korea from its new tariff plans while discussing expanding bilateral cooperation in various fields, Ahn's office said on Saturday.
South Korea bats for 'constructive alternative amid Trump tariff concerns
Washington, Feb 27: South Korea's industry minister expressed confidence that Seoul and Washington will be able to find a "constructive" and "win-win" alternative, as the Donald Trump administration is working to impose "reciprocal" tariffs on US imports to match what other countries slap on American goods.
South Korea to highlight shipbuilding, energy cooperation in tariff negotiations with US
Seoul, Feb 26: South Korea will stress the importance of bilateral cooperation in various industries, such as energy and shipbuilding, in negotiations with the United States on its new tariff plans, industry minister said on Wednesday.
Trade tariffs: South Korean Industry minister to visit US this week
Seoul, Feb 23: South Korean Industry Minister Ahn Duk-geun will pay a visit to the United States as early as this week for discussions on new U.S. import tariff plans, a government official said on Sunday.
Firms in 10 major manufacturing sectors to invest $81.8 billion in 2025
Seoul, Feb 12: South Korean companies in 10 key manufacturing sectors, including the semiconductor industry, plan to invest a combined 119 trillion won ($81.8 billion) this year to foster sustainable growth, the industry ministry here said on Wednesday.
Electric energy conference kicks off in Seoul to showcase advanced tech
Seoul, Feb 12: A conference on electric energy kicked off in Seoul on Wednesday to showcase cutting-edge electric power technologies of local and foreign companies, the industry ministry said.
AI boom to help tackle industrial challenges, low births: South Korea
Seoul, Jan 22: South Korea’s Industry Minister Ahn Duk-geun on Wednesday said artificial intelligence (AI) presents the country with an opportunity to address lingering challenges, including low birth rates, noting the government will roll out a set of projects to foster the segment.