The Ministry of Foreign Affairs was inaugurated according to the Government Organization Act enacted by the Government of the Republic of Korea on July 17, 1948, to be in charge of diplomacy, external economic policy, overseas Korean nationals, international situation analysis and overseas promotional affairs. The Ministry of Foreign Affairs establishes and carries out foreign policies, economic diplomacy and economic cooperation, takes part in international economic communities, administers treaties and international agreements, protects and supports overseas Korean nationals, promotes cultural cooperation, and analyzes international affairs. The Ministry of Foreign Affairs has continuously introduced complementary measures for effective diplomacy such as readjustment of manpower and budget befitting the changes in the diplomatic environment and the pursuit of substantial diplomacy to maximize the national interest of the ROK in the midst of a highly competitive international environment.
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Korea Joins Quantum Development Group Meeting
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How Ministry Of Foreign Affairs, Republic Of Korea's international expansion compares to its competitors
Ministry Of Foreign Affairs, Republic Of KoreaYouBars show relative size across the companies compared.
Columns5| Company | Markets | New markets | Momentum | Activity | Expansion score |
|---|---|---|---|---|---|
 Ministry Of Foreign Affairs, Republic Of KoreaYou | 12 | 9 | -100% | 12 | 18 |
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South Korea's Ministry of Unification announced director-level personnel transfers, appointing Park So-young as Education Development Division Director and Jin Chung-mo as Smart Education Team Leader at the National Peace and Unification Democratic Education Institute.
South Korean Ministry of Trade confirms some foreign vessels transit Hormuz Strait, but conditions remain unclear. Oil prices fluctuate amid US-Iran tensions and transit uncertainties.
South Korean Ministry of Foreign Affairs confirms fire on HMM cargo ship in Hormuz Strait waters near Umm Al Quwain port, with no casualties reported among Korean nationals.
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