Gov't vows to support local industries amid Japan's economic retaliation
상태바
Gov't vows to support local industries amid Japan's economic retaliation
  • Cho Kyung-Hee
  • 승인 2019.08.05 09:10
  • 댓글 0
이 기사를 공유합니다

South Korea's industry minister on Sunday vowed to provide any necessary support to local firms to help them cope with Japan's economic retaliation and export restrictions on key industrial materials.

"The government will utilize all necessary assets and capabilities to ease local firms' burdens," Industry Minister Sung Yun-mo said during a meeting with representatives from different industries.

South Korea's Industry Minister Sung Yun-mo (R) attends a meeting with representatives from different industries on Aug. 4, 2019, to discuss ways to cope with Japan's economic retaliation against Seoul.

The remark came as Japan announced the removal of South Korea from its list of trusted trading partners last week, a move which could affect a broad range of industrial materials.

Tokyo has begun implementing tougher restrictions on South Korea-bound shipments of three key materials vital for the production of semiconductors and displays since last month, in apparent retaliation over a local court's ruling that ordered Japanese firms to compensate for wartime forced labor.

The government also vowed to make efforts to bolster the country's competitiveness in the materials and parts industries to cope with the prolonged dispute with Japan. (Yonhap)


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.
주요기사