S. Korea FinMIn Hong: Will unveil plans to ease dependence on Japan industries

Amid looming Japan-South Korea trade dispute, the South’s Finance Minister Hong Nam-ki announced that his government will soon unveil plans to reduce its economy’s dependence on Japanese industries.

Hong reiterated his plea that Japan should end the export curbs.

“The government is working on comprehensive plans to reduce the country’s dependence on Japan’s materials, components and equipment industries and will announce them soon,” the Finance Minister said.