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Korea intends to minimize its reliance on China for exports by looking to the Middle East, America, and the European Union

Published On 07 Dec 2022 07:06 PM


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According to nine economy-related ministries on Wednesday, the government would make every effort to fine-tune export plans as part of a larger objective of bolstering Korea's trade balance, which is exhibiting symptoms of a larger-than-expected deficit.

Among the goals are to boost the foreign expansion of 15 growth-driving local manufacturing businesses, as well as to closely monitor and maintain the 26 memorandums of understan....


Tags : Korea, minimize, reliance, China, exports, Middle East, America, European Union,
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