South Korea says to unveil plans to ease dependence on Japan industries

The Busan Container Terminal at the port of Busan in South Korea, on July 3, 2019. PHOTO: EPA-EFE

SEOUL (Reuters) - South Korea will unveil plans soon to reduce its economy's dependence on Japanese industries, its finance minister said on Wednesday (July 17), while repeating his call for Tokyo to end export curbs.

"The government is working on comprehensive plans to reduce the country's dependence on Japan's materials, components and equipment industries and will announce them soon," Finance Minister Hong Nam-ki said at the start of a regular meeting of economy-related ministers.

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