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S. Korean government to unveil support plan to tackle Japan's trade restrictions this month

S. Korean government to unveil support plan to tackle Japan's trade restrictions this month
홍남기 "日 수출규제 핵심부품 국산화...이번 달 내 지원책 마련"The government will unveil comprehensive measures to support local firms in the wake of Japan's export restrictions.That's coming from Seoul's Finance chief during today's parliamentary meeting.Hong Nam-ki... is hoping the plans will help enhance local materials and parts industries' competitiveness,... and achieve self-sufficiency.He said the government has been analyzing the possible impact... of Tokyo's removal of Korea from its list of so-called "White List",... and discussing possible countermeasures.The Minister emphasized... should the export controls persist,... it could weigh on the country's economic growth.

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