Industry Minister cancels all external schedules...Emergency martial impact check

Minister of Trade, Industry and Energy Ahn Deok-geun canceled all external schedules and began checking the impact of domestic industries in connection with the declaration and lifting of emergency martial law.

The Ministry of Industry held an emergency meeting presided over by Minister Ahn at 00:00 a.m. today to check the economic situation and energy supply and demand following the declaration of an emergency martial law, and is checking factors affecting the real economy in Korea, including industry and trade.

In particular, the situation is likely to affect major national tasks such as the development of the deep-sea gas field in the East Sea and the export of new nuclear power plants in the Czech Republic.

The Ministry of Industry plans to push ahead with the schedule to start the first exploration of the East Sea deep-sea gas field as scheduled for the middle of this month.