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President Moon holds cabinet meeting to expand mutual collaboration in industrial parts and materials Updated: 2019-11-12 10:01:00 KST

President Moon Jae-in is holding a cabinet meeting today to boost support for smaller firms that collaborate with larger firms that have successfully localized parts and materials affected by Japan's export curbs.
A set of legislative bills will be put to vote, that would allow a select number of small businesses that cooperate with larger businesses selected by the goverment to receive necessary support.
This will help solve the structural problems in the public procurement market, to which large companies have limited access and smaller companies have difficulty purchasing finished products.
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KOGL : Korea Open Government License
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