【anchor】
President Yoon Seok-yeol said that exports are the driving force of the economy and that he will provide intensive support.
He emphasized a team between the government and the private sector to earn 50 billion dollars just by winning overseas construction orders, but the president himself said that he would run with his feet.
Reporter Jeong Cheol-ho reports.
【reporter】
The accumulated trade deficit this year is $25.5 billion, or around 24 trillion won.
By the 20th of August alone, the deficit amounted to USD 10.2 billion, or KRW 13 trillion.
It is a diagnosis that the export record is the highest ever, but it has deteriorated due to the sharp increase in the price of oil, gas and coal, the three major energy sources.
President Yoon Seok-yeol said that he would visit Busan New Port and find an exit to revive the economy through exports and overseas expansion.
[윤석열 / 대통령: 수출과 해외 건설 수주가 경제의 원동력이고, 일자리 창출의 막중한 역할을 담당하고 있습니다.]
First of all, our goal is to become one of the four major overseas construction powerhouses, and we have set our goal of earning $50 billion or 67 trillion won annually by winning overseas construction orders.
It is a strategy to create a second Middle East boom in a way that is led by the private sector and supported by the government.
We plan to find a breakthrough through high-level diplomacy, such as relocating to a new city in Saudi Arabia, a new capital in Indonesia, and construction of a new airport in Poland.
[윤석열 / 대통령: 저 역시도 대통령으로서 외교를 통해 직접 발로 뛰겠습니다.]
Large-scale financial support for companies was also announced.
We plan to expand the supply of trade finance to an all-time high of KRW 350 trillion, while also providing support for export logistics costs of KRW 9 billion to 750 small and medium-sized enterprises (SMEs).
He said that even companies with no export record would provide 50 billion won in export growth finance to help export.
The three major crises, such as shrinking exports to China, high energy prices, and a decline in semiconductor exports, also announced intensive responses.
This is Jeong Cheol-ho from OBS News.
