The Ministry of Trade, Industry and Resources (MOTIR; ) 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.
History
Ministry of Commerce (1948-1993) The ministry began in 1948 as the Ministry of Commerce during the First Republic. In 1993, it was merged with the Ministry of Energy, established in 1977. A year later the ministry changed its name to Ministry of Trade and Energy.
Ministry of Trade and Energy (1994-1998) In 1998, it transferred trade negotiation duties to the foreign ministry changing its name to Ministry of Industry and Energy.
Ministry of Industry and Energy (1998-2008) In 1998, it changed its name to Ministry of Industry and Energy, not changing any fundamental structures.
Ministry of Knowledge Economy (2008-2013) In 2008, it was restructured into Ministry of Knowledge Economy following newly elected president Lee Myung-bak's cabinet reorganization.
Ministry of Trade, Industry and Energy (2013-2025) In 2013, following President Park Geun-hye's cabinet reorganisation the ministry was restructured into the current form bringing back trade negotiation duties from the foreign ministry. In 2017, it delegated duties related to SMEs to newly created Ministry of SMEs and Startups under President Moon Jae-in. In 2018, it added the third vice ministerial role for energy policies in addition to existing trade minister and vice minister (now 1st vice minister).
Ministry of Trade, Industry and Resources (2025-present) In 2025, newly elected President Lee Jae Myung's cabinet reorganisation transferred the energy sector to the Ministry of Climate, Energy and Environment, another government branch that was reorganized from Ministry of Environment.
Headquarters
The headquarters are located in the Sejong Regional Government Complex in Sejong City."Location." () Ministry of Trade, Industry and Energy. Retrieved on January 1, 2014. "Address : 402 Hannuri-daero, Sejong-si, 339-012, Republic of Korea" The headquarters were formerly located in the Gwacheon Government Complex in Gwacheon, Gyeonggi Province."." () Ministry of Knowledge Economy. Retrieved on January 1, 2013. "Address Ministry of Knowledge Economy, 88, Gwanmoonro, Gwacheon-si, Gyeonggi-do, Republic of Korea"
Subsidiary sections Subsidiary organisations of the MOTIR include: Korean Agency for Technology and Standards Korea Trade Commission (not to be confused with the country's anti-trust agency Fair Trade Commission) Mine Registration Office Electricity Regulatory Committee Free Economic Zone Planning Office
Organization List of ministers List of Ministers from 1948 to the present. Portrait Name Term of office PresidentTook officeLeft officeIm Yeong-sin4 August 19486 June 1949Syngman RheeYun Po-sun6 June 19499 March 1950Kim Hoon9 May 195027 March 1952Lee Kyo-seon27 March 195226 November 1952Lee Jae-hyung6 November 19527 October 1953An Dong-hyuk7 October 195330 June 1954Park Hee-hyun30 June 19545 July 1954Kang Sung-tae5 July 195416 September 1955Kim Il-hwan16 September 195527 August 1958Gu Yong-seo27 August 19588 April 1960Kim Yeong-chan8 April 196028 April 1960Jeon Taekbo28 April 19602 June 1960Oh Jung-soo2 June 19601 July 1960Lee Tai-young23 August 196012 September 1960Yun Po-sunChu Yo-han12 September 19603 May 1961Tae Wan-sun3 May 196118 May 1961Chung Rae-hyuk20 May 196110 July 1962Yoo Chang-soon10 July 19628 February 1963Park Choong-hoon8 January 196310 October 1963Kim Hoon10 August 196316 December 1963Lee Byung-ho16 December 196311 May 1964Park Chung HeePark Choong-hoon11 May 19643 October 1967Kim Chung-ryum12 June 196426 January 1966Lee Nak-sun20 October 19692 December 1973Chang Yei-joon2 December 197319 December 1977Choi Gak-kyu19 December 197713 December 1979Chung Jai-suk13 December 19795 July 1979Choi Kyu-hahShin Byeong-hyun5 July 19792 September 1980Seo Seok-jun2 September 198021 May 1982Chun Doo-hwanKim Dong-hwi21 May 19829 October 1983Keum Jin-ho15 October 198327 August 1986Rha Woong-bae27 August 198625 January 1988An Byung-hwa25 January 19885 December 1988Roh Tae-wooHan Seung-soo5 December 198819 March 1990Park Pil-soo19 March 199027 December 1990Lee Bong-seo27 December 199020 December 1991Han Bong-soo20 December 199126 February 1993Kim Chul-soo26 February 199324 December 1994Kim Young-samPark Jae-yoon24 December 199419 December 1996Ahn Kwang-gu19 December 19966 March 1997Lim Chang-yeul6 March 199718 November 1997Jung Hae-joo19 November 19972 March 1998Park Tae-young3 March 199823 May 1999Kim Dae-jungJeong Teok-koo25 May 199913 January 2000Kim Young-ho14 January 20006 August 2000Shin Guk-hwan7 August 200025 March 2001Jang Jae-sik26 March 200128 January 2002Shin Guk-hwan29 January 200227 February 2003Yoon Jin-sik27 February 200316 February 2003Roh Moo-hyunLee Hee-beom17 December 200310 January 2006Chung Sye-kyun10 January 200629 January 2007Kim Young-joo29 January 200728 February 2008Lee yun-ho29 February 200818 September 2009Lee Myung-bakChoi Kyung-hwan19 September 200926 January 2011Choi Jung-kyung27 January 201127 september 2011Hong Seok-woo17 November 201111 March 2013Yoon Sang-jick11 March 201313 January 2016Park Geun-hyeJoo Hyung-hwan13 January 201621 July 2017Paik Un-gyu22 July 201721 September 2018Moon Jae-inSung Yun-mo21 September 20186 May 2021Moon Sung-wook6 May 202112 May 2022Lee Chang-yang12 May 202219 September 2023Yoon Suk YeolBang Moon-kyu20 September 20234 January 2024Ahn Duk-geun4 January 202418 July 2025 Kim Jung-kwan 19 July 2025 Incumbent Lee Jae Myung
Minister Policy Advisor to the Minister Director General for Audit and Inspection
Spokesperson Minister for Trade Deputy Minister for Trade
Bureau of Trade Policy Bureau of Trade Cooperation Office of FTA Negotiations Director General for FTA Policy Director General for FTA Negotiations East Asia FTA Bureau
Office of International Trade and Legal Affairs Director General for International Trade Affairs Director General for Trade Legal Affairs and Public Relations
Office of International Trade and Investment Director General for International Trade Policy Director General for Cross-Border Investment Policy Director General for Domestic Policy on Trade Director General for Trade Controls Policy
1st Vice Minister Office of Planning and Coordination Director General for Policy Coordination Director General for Emergency and Security Planning
Office of Industrial Policy Director General for Industrial Policy Director General for Materials and Components Industries Director General for Manufacturing Industry
Office of Industry and Enterprise Innovation Director General for Industrial Technology Convergence Policy Director General for Regional Economic Policy Director General for Middle Market Enterprise Policy
2nd Vice Minister
Office of Energy Industry Director General for Energy Transition Policy Policy Director General for Electricity Innovation Policy Director General for Renewable Energy Policy Director General for Hydrogen Economy Policy
Bureau of Resource Industry Policy
Bureau of Nuclear Energy Industry Policy
See also
Government of South Korea List of government agencies of South Korea Economy of South Korea
References
External links Official MOTIE page Official MOTIE page /MUL Ministry of Knowledge Economy (Archive) Ministry of Knowledge Economy (Archive) Official MOCIE Page (Archive) Official MOCIE Page (Archive)