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S.Korea Plans Record $249B Trade Policy Financing to Aid Exporters

SEOUL, Feb 18 (Reuters) - South Korea acting President Choi Sang-mok on Tuesday said the government plans to roll out a record 360 trillion won ($249.3 billion) worth of trade policy financing to aid exporters facing intensifying headwinds from U.S. tariff policies.

"From now on, we will be making all-out efforts. The fortunes of each country will differ depending on how each responds to the trade war initiated by the U.S.," Choi told a cabinet meeting.

($1 = 1,444.4100 won)

Reporting by Cynthia Kim Editing by Ed Davies

Source: Reuters


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