[Photo] Deputy Minister Lee Eokwon Presiding Over Emergency Response TF Meeting on Ukraine Situation

Lee Ok-won, the 1st Vice Minister of the Ministry of Economy and Finance, is presiding over the 1st Emergency Response TF meeting on the Ukraine situation held at the Government Seoul Office in Jongno-gu, Seoul on the 4th. Vice Minister Lee stated, "Although the volatility of energy and raw material prices has somewhat increased, considering our energy stockpiles and reserves, the direct impact on our economy in the short term will not be significant." He also explained, "The exposure of domestic financial companies to Russia and Ukraine accounts for 0.4% of the total overseas exposure, so the direct impact on our financial market is also minimal." / Reporter Moon Ho-nam munonam@

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