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Korea announces plan to achieve $700 billion in annual exports by 2025 2021-03-12
(21.03.10)제4차 확대무역전략조정회의01.jpg 1
The Ministry of Trade, Industry and Energy, jointly with relevant ministries, announced on March 10 the strategy to achieve $700 billion in annual exports by 2025 through expansion of future growth engines and innovation in trade structures.
The government plans to invest 5 trillion won (USD 4.4 billion) to foster prominent trade items in areas including bio-health, and spend 20 trillion won (USD 17.5 billion) on trade financing for services in contents, digital, healthcare, edutech, fintech, and engineering sectors.