The Ministry of Trade, Industry and Energy (MOTIE), the U.S. Commercial Service, and research institutes are developing detailed implementation plans for each MOU in cutting-edge technologies such as semiconductors, autonomous driving, and secondary batteries.

The Ministry of Trade, Industry and Energy held the 'Korea-US Advanced Technology Cooperation Strategy Review Meeting' in Dallas, USA on the 4th (local time), reviewed the progress of cooperation under the advanced technology MOU signed in April, and discussed detailed plans for full-scale technological cooperation.

Last April, the Ministry of Trade, Industry and Energy signed a total of 23 MOUs in the fields of advanced industries and clean energy, and has been discussing detailed projects for specific technological cooperation centered on cutting-edge technologies such as semiconductors, autonomous driving, secondary batteries, and robotics.

At the meeting, the Society of Automotive Engineers (SAE International) in the future vehicle field presented specific Korea-US cooperation tasks, including the development of communication-based autonomous vehicle standards, BRIDG (Florida Semiconductor and AI Research Institute) in the semiconductor field for technological cooperation and personnel exchange, and MIT for the development of a bipedal walking robot. They also decided to attend the 'Korea-US Industrial Technology Cooperation Forum' scheduled to be held in Seoul in September and put these into practice with Korean companies.

Starting with the cooperation projects presented this time, the Ministry of Trade, Industry and Energy plans to identify additional excellent cooperation needs by the end of 2023 and actively pursue them as mid- to large-scale projects starting next year. Furthermore, the Ministry plans to designate the best institutions among U.S. universities and research institutes as the "Korea-U.S. Advanced Technology Cooperation Center" to continuously discover cooperation projects that our companies need.

In addition, First Vice Minister Jang Young-jin explained the Ministry of Trade, Industry and Energy’s efforts to internationalize industrial technology research and development (R&D) through the UKC general meeting, the K-TAG general meeting, and a meeting of Korean-American students. He also listened to suggestions and difficulties for advanced technology cooperation between Korea and the U.S. and stated, “In order to revitalize international cooperation in industrial technology R&D, we will not only expand investment, but also drastically improve the domestic R&D process so that there is no discrimination between domestic and foreign researchers.”