Industry Ministry initiates public-private dialogue to address global trade security challenges
Published: 28 Apr. 2026, 12:55
![The Ministry of Trade, Industry and Resources building in Sejong [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2026/04/28/7d91920a-f478-4217-824a-17e16b98294c.jpg)
The Ministry of Trade, Industry and Resources building in Sejong [YONHAP]
The Ministry of Trade, Industry and Resources held an inaugural public-private trade security dialogue on Tuesday with executives from major semiconductor, AI and quantum companies to discuss ways to address myriad global challenges facing these key industries.
The Industry Ministry discussed the semiconductor export control trend in the United States, China's recent announcement of supply chain management regulations and other trade security issues with representatives from 10 companies in the three sectors, ministry officials said.
The ministry said it has launched the trade security dialogue as part of efforts to help the private industry navigate through strengthening trade security measures by major economies, including the United States, China and the European Union, amid the intensifying global tech war.
"For the government to effectively formulate and implement trade security policies, in-depth communication with businesses is needed," Yang Ghi-wuk, deputy minister for trade, industry and resource security, said, vowing efforts to help Korean industries maintain their competitiveness amid recent shifts in global trade order.
The ministry plans to establish hotlines with various business associations to support the response to trade security issues by the end of June and to continue communication with major industries, including machinery, robotics and automobiles, the officials said.
Yonhap
with the Korea JoongAng Daily
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