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Ministry of Climate, Energy and Environment

Shift to Renewables to Break Free from Fossil Fuel Dependence

▷ Ministry of Climate, Energy and Environment reports “Energy Transition Plan of the People’s Sovereignty Government” to the State Council▷ Transition to a renewable energy-centered power supply system; promote electrification and decarbonization across all sectors▷&nbs...

Apr 06,2026

Ministry of Land, Infrastructure and Transport

Broader Flight Options to Hungary and Austria

The Ministry of Land, Infrastructure and Transport (MOLIT; Minister KIM Yun-duk) announced that it has concluded bilateral aviation talks with Hungary and Austria in each capital city on March 25 and 26 to allow for greater air traffic rights between Korea and the two European ...

Apr 03,2026

Bank of Korea

Official Foreign Reserves(March 2026)

□ Korea's official foreign reserves as of the end of March 2026 amounted to 423.7 billion dollars. ㅇ Korea’s official foreign reserves consisted of securities valued at 377.7 billion dollars (89.2%), deposits of 21.1 billion dollars (5.0%), SDRs of 15.6 billion dollars ...

Apr 03,2026

Ministry of Patriots and Veterans Affairs

Korea and France Sign MOU to Strengthen Veterans Cooperation, Including Honoring Korean War Veterans

The Ministry of Patriots and Veterans Affairs of the Republic of Korea and the Ministry of the Armed Forces of France will strengthen bilateral exchange and cooperation in veterans affairs, including honoring the contributions and sacrifices of Korean War veterans, on the occasio...

Apr 03,2026

Ministry of Patriots and Veterans Affairs

Wreath-Laying at the French War Memorial During the French President’s Visit to Korea

During his state visit to the Republic of Korea, French President Emmanuel Macron visited the War Memorial of Korea in Yongsan, Seoul, on the afternoon of April 2, 2026.

Apr 03,2026

Ministry of Trade, Industry and Resources

Korea’s 2026 First-Quarter Foreign Direct Investment Rises 0.1% to $6.4 Billion

The Ministry of Trade, Industry and Resources (MOTIR, Minister JK Kim) announced that Korea’s foreign direct investment (FDI) notifications for the first quarter of 2026 rose 0.1 percent year-on-year to USD 6.4 billion, marking the second-highest first-quarter total on reco...

Apr 03,2026

Ministry of Agriculture, Food and Rural Affairs

Korean-developed New Varieties of Agricultural Produce Boost Export Market Diversification

Korean-developed New Varieties of Agricultural Produce Boost Export Market DiversificationSejong, 3 April 2026 — The Ministry of Agriculture, Food and Rural Affairs (MAFRA) will expand its support to ensure that Korean-developed new varieties of fresh agricultural produ...

Apr 03,2026

Ministry of Trade, Industry and Resources

MOTIR Meets Major French Companies on Closer Investment and Industrial Cooperation to Deepen Korea-France Economic Ties

rade Minister Yeo Han-koo of the Ministry of Trade, Industry and Resources (MOTIR, Minister JK Kim) met with a delegation from Mouvement des Entreprises de France (MEDEF), France’s largest business organization, in Seoul on April 2, 2026, to discuss ways to expand Korea&nda...

Apr 02,2026

Ministry of Data and Statistics

Consumer Price Index in March 2026

□ The Consumer Price Index was 118.80 (2020=100) in March 2026. The index increased 0.3 percent from the preceding month and rose 2.2 percent from the same month of the previous year. ◦ The index excluding food and energy was 114.98 in March 2026. The index increased 0.1 per...

Apr 02,2026

Ministry of Trade, Industry and Resources

Korea to Step Up EV and Nickel Ecosystem Cooperation with Indonesia, ASEAN’s Largest Economy

The Ministry of Trade, Industry and Resources (MOTIR, Minister JK Kim) and the Embassy of the Republic of Indonesia in South Korea hosted the Korea–Indonesia Business Forum at The Shilla Seoul on April 1, 2026. Held in conjunction with Indonesian President Prabowo Subianto’s offi...

Apr 02,2026