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We have looked at the financial market situation and this time we will take a look at our countermeasures. First, in the government's economic measures, the word "cormorant economy" came out today (May 5). This is what fishermen hold on to the neck of a bird called a cormorant, tie a string, and when this bird catches its prey, it pulls the string. In other words, it does not allow food to be swallowed, so it intercepts meat. In the end, even if the cormorant catches the fish hard, the fishermen finally make money, which means that even if Korea exports much, most of the core parts are imported from Japan, which means that the benefits of Korea will eventually flow to Japan. The government has taken measures to overcome this problem, saying that it will escape from the cormorant economy that Japan has benefited from.

More details were gathered by reporter Kang Yoon.

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The government decided to concentrate investment by selecting 100 core items in six fields such as semiconductor and display.

We plan to secure supply stability through financial support, taxation, and special regulation support.

[Hong Nam-ki / Deputy Prime Minister: We will provide strategic and intensive support to the maximum extent that the government can and will allow.]

The 20 urgent items that are urgently required will be put in the budget of KRW 2,700 billion to secure alternative import destinations such as the US and EU within a year and the remaining 80 items will be supplied with KRW 7.8 trillion for research and development, "

In this process, we decided to allow the environment permit process to be handled as quickly as possible, and flexible working hours such as discretionary work allowance and special overtime work.

Also, in case of win-win partnership between domestic companies, we introduced package support such as "funds, location, taxation, and regulation exception", and made a plan to change into a strong win-win cooperation structure.

[Sung Yun-mo / Minister of Industry: Pelicans raise their young in their own mouths. Not that we can not eat what we eat, but that we may be able to grow ourselves again in it ... .]

The National Tax Service also actively supports SMEs who are suffering from Japanese export regulations, such as suspending or suspending tax investigation.

(Video coverage: Wonbae Kim, Min Chul Kim, Image editing: Park Jin-hoon)