Companies in Korea, Germany, and Denmark were left perplexed as President Yoon Suk Yeol abruptly postponed his planned trips to the two European countries indefinitely, just days before his scheduled departure without elaborating on the specific reason, industry sources said Thursday.
A series of meetings by the newly-appointed foreign minister with the heads of business associations have sparked speculation that the ministry may have renewed efforts to regain control over international trade matters from the Ministry of Trade, Industry, and Energy, according to industry officials and diplomatic experts, Monday.
Leaders of the nation’s business lobbies stressed the critical necessity of discovering new growth engines, as a global economic downturn and international trade conflicts are feared to continue weighing on the economy throughout next year, they said in a New Year’s address, Thursday.
Leaders of the nation’s business lobbies stressed the critical necessity of discovering new growth engines, as a global economic downturn and international trade conflicts are feared to continue weighing on the economy throughout next year, they said in a New Year’s address, Thursday.