Ministry of Trade, Industry and Resources

Ministry of Trade, Industry and Resources
산업통상부

MOTIR headquarters in Sejong City
Agency overview
FormedJuly 17, 1948 (1948-07-17) (as Ministry of Commerce)
March 23, 2013 (2013-03-23)
Preceding agencies
  • Ministry of Commerce (1948–1993)
  • Ministry of Energy (1978–1993)
  • Ministry of Commerce and Energy (1993–1994)
  • Ministry of Trade and Energy (1994–1998)
  • Ministry of Industry and Energy (1998–2008)
  • Ministry of Knowledge Economy (2008–2013)
JurisdictionGovernment of South Korea
HeadquartersSejong City, South Korea
Minister responsible
  • Kim Jeong-kwan, Minister responsible
Deputy Minister responsible
  • Moon Shin-Hak - 1st Vice Minister of Industry
  • Yeo Han-koo - Head of Trade Negotiations Division
Websitewww.motir.go.kr
Korean name
Hangul
산업통상부
Hanja
産業通商部
RRSaneop tongsangbu
MRSanŏp t'ongsangbu
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The Ministry of Trade, Industry and Resources (MOTIR; Korean산업통상부) is a ministry under the Government of South Korea. It is concerned with regulating economic policy, especially with regard to the industrial and resources sectors. The ministry also works to encourage foreign investment in Korea.

The current minister is Kim Jeong-kwan.