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S. Korea to Reinforce Trade Ministry to Deal with Protectionism

SEOUL, Mar. 26 (Korea Bizwire) — South Korea’s trade ministry said Monday it will beef up staff tasked with trade negotiations and disputes to better deal with the rising protectionism by major trading partners and help companies diversify into new markets. The Ministry of Trade, Industry and Energy said its reorganization plan received approval from [...]

Trade Ministry Affiliates Report over 10,000 Hacking Attempts Since 2013

SEOUL, Oct. 18 (Korea Bizwire) – The trade ministry’s affiliates came under more than 10,000 hacking attempts over the last five years, with the key trade promotion agency subjected to the heaviest attack, the ministry said Wednesday. A report from the Ministry of Trade, Industry and Energy submitted to Rep. Lee Chae-ik for parliamentary audits [...]