Moon praises his gov't and businesses for coping with Japan's trade restrictions

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President Moon Jae-in praised his administration for its handling of Japan's trade restrictions against South Korea, which, by Friday, will have been in effect for 100 days. Speaking during a weekly Cabinet meeting the president also called on the nation to help the administration's push for structural reform. By turning it into an opportunity and a turning point, it would fundamentally transform our industrial structure and become a huge help in enhancing our economy's competitiveness. The president added that with the swift countermeasures by the government and businesses, coupled with Korean peoples' responses, the country as a whole was able to make progress despite the trade curbs. The president added that both the government and the parliament should up their communication to get a special bill passed aimed at helping local industries associated with materials and parts gain a competitive edge.