Martial Arts: "Welcoming the New Government's Economic Policy Direction... Expecting Vitality in the Trade Industry"
Regarding the announcement of the economic policy direction of the new Yoon Seok-yeol administration, the Korea International Trade Association (KITA) expressed its agreement on the 16th, stating that "vitality is expected in the trade industry."
In a statement released that day, KITA said, "The trade industry warmly welcomes this economic policy direction, which is based on a free market economy and the establishment of a fair market order," and emphasized, "We highly appreciate the government's determination to restore dynamism to the market centered on the private sector through bold regulatory improvements and to strengthen the foundation so that small and medium-sized enterprises and venture companies can grow into a solid pillar of the economy."
It also added, "By solidifying the technological gap in advanced industries, which are the core of our economic security, revitalizing exports of the service industry, and strategically fostering new industries, it is expected to expand the future growth base of Korean trade and inject vitality into our trade sector."
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A KITA official stated, "Through this economic policy direction, our association will also make every effort together with the new government to enable South Korea to leap forward as one of the top five trading nations."
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