Koo Yun-cheol, Deputy Prime Minister and Minister of the Ministry of Finance and Economy, said regarding the launch of the U.S. "Section 301 of the Trade Act" investigation that the government would "respond meticulously so that the outcome is not disadvantageous compared with major competitor countries."

Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol delivers opening remarks at the Emergency Economic Ministers' Meeting and Supply Chain Safety Committee, held alongside the Foreign Economic Ministers' Meeting at Government Complex Seoul in Jongno-gu, Seoul, on the 18th. /Courtesy of News1

On the morning of the 18th at Government Complex Seoul, Deputy Prime Minister Koo said this while presiding over a meeting of external economic ministers.

He said, "Even after this investigation, the broad framework of the agreement between Korea and the United States is expected to be maintained," adding, "We will maintain the balance of interests already agreed upon between the two countries."

He added, "The government will establish a public-private joint response system and respond systematically at a pan-government level by area of investigation, including overproduction and forced labor."

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