Lee Jae-myung's Warning: "Hoarding Masks Will Fail"

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Lee Jae-myung, Governor of Gyeonggi Province, warned that the introduction of a maximum price for masks will be implemented soon, and those who have hoarded supplies must release them quickly to avoid ruin.

On the 5th, Governor Lee posted on Facebook, "The moment the maximum price is announced, all those who have hoarded will go bankrupt," adding, "I guarantee the maximum price will be implemented soon, so quickly release the masks piled up in warehouses, and since smuggling crackdowns will be intensified, don't even dream of smuggling exports."

Earlier, Governor Lee proposed to the government that, to improve the mask supply crisis, a maximum price designation system should be introduced and that public institutions should handle more than 90% of mask distribution.

On the 5th, the government expanded the mandatory public supply portion from the current 50% to 80% through revisions to the emergency mask supply adjustment measures. Exports, which were previously allowed within 10%, have been completely banned.

This content was produced with the assistance of AI translation services.