Ministry of Trade, Industry and Energy
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, technology, and renewable energy. It also works to strengthen international trade relations and attract foreign investment. By coordinating with other government bodies and private sectors, the ministry aims to create a favorable environment for economic development and job creation in South Korea.