The Ministry of Trade, Industry and Energy (MOTIE) is a government agency in South Korea responsible for formulating and implementing policies related to trade, industry, and energy. Its main goals include promoting economic growth, enhancing industrial competitiveness, and ensuring sustainable energy development. MOTIE plays a crucial role in supporting businesses and fostering innovation. MOTIE oversees various sectors, including manufacturing, energy, and trade. It works to create a favorable business environment, facilitate international trade agreements, and promote the use of renewable energy sources. The ministry also engages in research and development to advance technology and improve industrial practices.