President Moon Receives Report on Difficulties from China's Lockdown Measures... "Do Not Let Your Guard Down, Respond Promptly" Ordered
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[Asia Economy Reporter Lee Ji-eun] On the 17th, President Moon Jae-in was briefed on the difficulties faced by Korean companies due to China's lockdown measures and instructed each ministry to "respond actively."
At the staff meeting that day, President Moon received reports on the impact of Russia's export ban related to the Ukraine situation on domestic supply chains, the supply and demand situation in the international grain and food sectors, and the difficulties in parts supply for our automobile industry caused by lockdown measures in some regions of China due to the recent spread of COVID-19.
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President Moon instructed, considering that economic difficulties caused by disruptions in international supply chains, such as the recent Chinese lockdown measures, could be exacerbated by various factors in the future, "All government ministries should not be complacent, prepare in advance from a long-term perspective, and respond promptly."
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