Ministry of Trade, Industry and Energy (South Korea)


The Ministry of Trade, Industry and Energy is a branch of the South Korean government. It is concerned with regulating some economic policy, especially with regard to the industrial and energy sectors. The ministry also works to encourage foreign investment in Korea. The current minister is Sung Yun-mo.

Headquarters

The headquarters are located in the Sejong Regional Government Complex in Sejong City. The headquarters were formerly located in the Gwacheon Government Complex in Gwacheon, Gyeonggi Province.
The ministry began in 1948 as the Ministry of Commerce in the First Republic. In 1993 it was merged with the Ministry of Energy, established in 1977. It became the Ministry of Knowledge Economy in 2008, and the Ministry of Trade, Industry and Energy in 2013.

Subsidiary sections

Subsidiary departments and organisations of the MTIE include: