Ministry of Trade, Industry, and Energy (MOTIE) is a government agency based in Sejong-si, South Korea. Established in 1993, as the Ministry of Trade and Industry (MTI) merged with the Ministry of Energy and Resources. It was made with the sole purpose of supporting the entry and successful establishment of foreign businesses into Korea. The assets of the agency are managed by the executive management team.Ministry of Trade, Industry, and Energy is currently investing in private equity.