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.