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Ruling party committee to devise measures to support local industries amid Japan's trade curbs

2019-08-08 2 Dailymotion

민주 부품소재장비인력발전특위 첫 회의…"실효적 대책 마련"<br /><br />South Korea's ruling Democratic Party has launched a new committee that will be charged with devising measures to support local materials, parts and equipment industries,... in light of Japan's trade curbs.<br />Former National Assembly speaker Chung Sye-kyun -- who heads the committee -- said Thursday that all efforts will be directed at finding ways... to minimize the fallout on local companies and help them boost competitiveness... at the legislative level.<br />He called Tokyo's export controls reckless and irrational,... saying they threaten the two countries' bilateral trade system... and fly in the face of the principles of free trade.<br />Chung added their focus will be finding realistic yet efficient measures by stepping up public and private communication. <br />

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