Korea Joongang Daily
Korea JoongAng Daily

Korean industry minister meets Lutnick for investment projects, shipbuilding talks

Industry Minister Kim Jung-kwan has met with U.S. Commerce Secretary Howard Lutnick and other senior U.S. officials to discuss strategic investment projects and ways to enhance bilateral cooperation in energy, shipbuilding and other key sectors.

2026-05-10

Gov't to unveil U.S. investment plans only after related laws take effect in June

It will take at least another month for Korea to unveil the details of its U.S. investment plan — pledged under the two countries’ trade deal from last November — after related laws take effect on June 18, according to Trade Minister Kim Jung-kwan.

2026-05-07

Industry minister departs for Canada in latest push to help Korean consortium win submarine project

Industry Minister Kim Jung-kwan left for Canada on Tuesday in the latest push to help a Korean consortium win an estimated 60 trillion won ($40.6 billion) project to build as many as 12 new conventionally powered submarines.

2026-05-05

Industry minister vows active support to companies reshoring to Korea

Industry Minister Kim Jung-kwan vowed the government's "active" support for companies reshoring to Korea amid global economic uncertainty on Monday.

2026-04-27

Industry minister stresses balanced regional development via local industrial growth

Industry Minister Kim Jung-kwan visited the country's central region on Friday and discussed ways to promote balanced regional development by nurturing cutting-edge industries across the country, his office said.

2026-04-19

Industry minister urges Yeosu petrochemical complex to 'swiftly' draw up restructuring plans

Industry Minister Kim Jung-kwan on Wednesday called on petrochemical companies in the southwestern city of Yeosu to "swiftly" come up with voluntary restructuring plans, citing the year-end deadline for such plans.

2025-11-26

Korean and U.S. officials meet to discuss trade agreement details in New York

Korean Industry Minister Kim Jung-kwan and U.S. Commerce Secretary Howard Lutnick met in New York on Friday to hold follow-up talks on the two countries' trade deal reached in July, multiple sources said.

2025-09-13

Korea's 1st int'l carbon emission reduction project approved in Cambodia

Korea will join hands with Cambodia to distribute electric motorcycles and charging stations in the Southeast Asian nation, marking Seoul's first-ever international carbon emission reduction project, the industry ministry said Monday.

2025-07-21

Industry minister nominee vows utmost effort to support exports amid trade uncertainties

Industry minister nominee Kim Jung-kwan said Monday he will put in the "utmost" effort to safeguard "national interests" in Korea's tariff negotiations with the United States.

2025-06-30

Industry minister angles for 'constructive,' 'win-win' alternative over Trump tariffs

Korea's industry minister expressed confidence Wednesday that Seoul and Washington will be able to find a "constructive" and "win-win" alternative, as the Trump administration is working to impose "reciprocal" tariffs on U.S. imports.

2025-02-27