Gov’t to boost Korea’s trade with a goal of becoming top four export powerhouses by 2030

Gov’t to boost Korea’s trade with a goal of becoming top four export powerhouses by 2030


today South Korea mark that’s 56 trade
day celebrating the country’s achievements in exports president Minh
delivered the speech and outlined the government’s plan to boost outbound
shipments even further Kim s own shares with us his remarks president moon
jae-in said trade has been the main driving force of the local economy and
he vowed to make South Korea a global export powerhouse by 2030 together
together with their own congedo I change to what you tell something young say
yeah sorry to congregate Iran cannot country at the annual trade a celebration
president moon emphasized South Korea’s achievement of recording a trade value
of more than 1 trillion US dollars for the third consecutive year despite the
global economic slowdown in the ongoing us-china trade dispute he highlighted
how Korean firms are overcoming the challenges posed by Japan’s expert
curves by using them as an opportunity to localize parts of materials
technology to further boost trade president moon pledged to expand Korea’s
network of free trade agreements with other countries including the signing of
the r sub deal but to maintain Korea’s lead in exports he said it’s critical to
find new areas of export growth including cosmetics alongside the major
new industries of system semiconductors bio health and future cars Korea is one
of the world’s top four exporters of cosmetics and beauty products to further
boost the sector the government will allocate over six million u.s. dollars
next year to support small and mid-sized firms cosmetics R&D so they can develop
new basic materials and technologies at the same time the government will
nurture the 5g industry by increasing the government budget and text benefits
and expanding test beds to increase 5g related exports Kim Azam Arirang news

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