South Korean Prime Minister Kim Min-seok announced on Wednesday that his government has activated an “emergency economic response system” to handle “the shock of the Middle East war.”
“The Emergency Economic Inspection Meeting presided over by the President will serve as the supreme control tower,” Kim elaborated , referring to South Korean President Lee Jae-myung.
“To support this, the government will establish an Emergency Economic Headquarters with the Prime Minister as the head, responding as a cross-ministerial one-team, while also operating an Emergency Economic Situation Room at Cheong Wa Dae,” he continued. Cheong Wa Dae is the Blue…
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