Ministry of Industry Attends ASEAN Energy Ministers' Meeting... Introduces Yoon Administration's Nuclear Power Policy

Ahn Deok-geun, Chief Negotiator for Trade, Meets with USTR Representative
(Washington=Yonhap News) On the 7th of this month (local time), Ahn Deok-geun, Chief Negotiator for Trade, answered questions from the press after meeting with Katherine Tai, United States Trade Representative (USTR), in Washington DC. September 8, 2022 [Washington Correspondent Joint Reporting Team]
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[Asia Economy Sejong=Reporter Lee Junhyung] The government introduced the Yoon Seok-yeol administration's energy policy at the ASEAN (Association of Southeast Asian Nations) Energy Ministers' Meeting.

The Ministry of Trade, Industry and Energy announced that Lee Wonju, Director of Energy Policy, attended the '16th East Asia Summit (EAS) Energy Ministers' Meeting' held via video conference on the 16th. Since its inception in 2005, the EAS Energy Ministers' Meeting has been held annually starting from the first meeting in 2007. The meeting was attended by 18 countries, including South Korea and the 10 ASEAN member countries.

As the Korean representative, Director Lee explained the Yoon Seok-yeol administration's plans for advancing energy policy. He stated, "We will actively utilize nuclear power as a key means to strengthen energy security and achieve carbon neutrality," adding, "Considering international energy demand and conditions, we will also continue to develop and disseminate clean energy technologies such as renewable energy."

Director Lee also emphasized energy cooperation with ASEAN. He mentioned that since 2018, Korea has served as co-chair of the 'Renewable and Alternative Power Generation (RAPG)' alongside Brunei, exploring cooperation methods and conducting technical reviews to promote the spread of renewable energy within the ASEAN region. He said, "We plan to continuously cooperate to exchange information, investigate and discover projects, and support the local advancement of Korean companies to promote the development and dissemination of clean energy in the ASEAN region."

The Ministry also participated in the '19th ASEAN+3 (Korea-China-Japan) Energy Ministers' Meeting' held via video conference on the same day. The Ministry stated at the meeting that Korea is contributing to decarbonization in the ASEAN region through greenhouse gas reduction projects. It also highlighted that Korea launched a new greenhouse gas reduction cooperation project worth 1 billion KRW with ASEAN last year. The Ministry plans to actively promote sharing of electrical safety standards, consulting, and human resource development projects to improve the safety management of energy infrastructure in the ASEAN region.

An official from the Ministry said, "The member countries participating in this meeting agreed on the importance of restoring the global energy supply chain and energy security," adding, "We will continue to cooperate to promote decarbonization and expand clean energy."

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