Ministry of Knowledge Economy

Ministry of Trade, Industry and Energy
Republic of Korea

산업통상자원부 産業通商資源部 Saneop Tongsang Jawonbu
Agency overview
Formed	February 29, 2008 (Ministry of Commerce, 1948)
Preceding agencies	Ministry of Commerce, Industry and Energy Ministry of Knowledge Economy Ministry of Foreign Affairs and Trade (Trade affairs only)
Jurisdiction	South Korean government
Headquarters	Sejong City, South Korea
Employees	32,902
Agency executives	Yoon Sang-jick, Minister Kim Jae-hong, 1st Vice Minister for Industry and Technology Han Jinhyun, 2nd Vice Minister for Trade and Energy , Deputy Minister for Trade
Child agencies	Korean Intellectual Property Office Korea Trade-Investment Promotion Agency Korea Productivity Center
Website	www.motie.go.kr

The Ministry of Trade, Industry and Energy (MOTIE) 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 Yoon Sang-jick.

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 departments and organisations of the MTIE include:

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