South Korea Launches First Trade Academy to Enhance Trade Expertise

In response to the rapidly changing global trade environment, the South Korean government is strengthening the capabilities of trade professionals. This initiative comes as the need for specialized personnel grows amid expanding trade issues related to economic security and supply chains.

On June 22, the Ministry of Trade, Industry and Energy held the inaugural "Trade Academy" at the Government Sejong Center, attended by Yeo Han-goo, head of the Trade Negotiation Headquarters, and ministry staff.

The Trade Academy aims to effectively respond to the evolving global trade landscape, explore new directions for trade policy, and enhance the expertise and practical skills of employees in the Trade Negotiation Headquarters.

During the event, participants reviewed the achievements of trade policies over the past year since the establishment of the people's sovereignty government and discussed future policy directions. They also shared feedback on challenges faced in the field and suggestions for improving organizational operations.

The ministry plans to implement educational programs covering changes in the trade environment, policy trends in major countries, practical trade negotiations, economic security, and supply chains to foster specialized trade personnel and enhance organizational capabilities.

Yeo stated, "Recent trade issues are closely linked to economic security, supply chains, advanced industries, and the digital sector, beyond traditional trade. We will continuously seek new directions for trade policy to maximize our national interests and strengthen the capabilities of our specialized personnel."