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"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.