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

2019-08-08 2

민주 부품소재장비인력발전특위 첫 회의…"실효적 대책 마련"

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.
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.
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.
Chung added their focus will be finding realistic yet efficient measures by stepping up public and private communication.

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