Korean gov't to invest US$ 2.2 bil. in R&D, overseas M&A sectors: Finance minister

Korean gov't to invest US$ 2.2 bil. in R&D, overseas M&A sectors: Finance minister

South Korea's finance minister Hong Nam-ki is attributing the employment gains to the government's policies.br And the government, he says, will continue to focus on economic vitality and employment.br In a meeting Wednesday with other ministers, Hong discussed a range of issues such as ways to boost the content industry... and strategies to strengthen exports.br Hong said over the next three years the government will invest around two-point-two billion U.S. dollars to help with R&D and overseas M&As.br He also said Korea will aim to raise the proportion of strategic and emerging markets in its exports to 45 percent by 2022 as a way of responding to uncertainties.


User: Arirang News

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Uploaded: 2019-09-11

Duration: 00:41

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