S. Korean government to unveil support plan to tackle Japan's trade restrictions this month
  • 5 years ago
홍남기 "日 수출규제 핵심부품 국산화...이번 달 내 지원책 마련"

South Korea's finance chief says... the government will unveil comprehensive measures to support local firms in the wake of Japan's export restrictions.
Speaking at a parliamentary meeting Thursday,... finance minister Hong Nam-ki said the plan will hopefully make Korea's materials and parts industries more competitive,... and achieve self-sufficiency.
Hong added the government has been analyzing the possible impact... of Tokyo's removal of Korea from its list of so-called "white countries",... and discussing possible countermeasures.
He also said... that should Japan's export controls persist,... it could weigh on the country's economic growth.
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