Gov't vows support for S. Korean firms joining Middle East rebuilding projects

Gov't vows support for S. Korean firms joining Middle East rebuilding projects By Kang Yoon-seung SEOUL, June 10 (Yonhap) -- The government will offer proactive support for South Korean businesses seeking to participate in reconstruction projects in the Middle East, the finance ministry said Wednesday. Finance Minister Koo Yun-cheol discussed the agenda during a meeting with other economic ministers on external affairs, noting demand for infrastructure upgrades is expected to increase in major Middle Eastern countries following the end of the conflict between the United States and Iran. During the meeting, the government announced plans to proactively support South Korean firms seeking to participate in plant, energy, transportation, logistics and digital infrastructure projects in various countries. South Korea will work closely with overseas missions and related organizations to identify potential projects, while expanding high-level exchanges with partner nations, the ministry added. Koo said the South Korean economy has been maintaining a solid recovery trend on the back of robust exports led by chips, despite the lingering external uncertainties. The finance minister added the government will continue to build on the recovery trend to help companies create new growth engines. "The government will make efforts to utilize momentum for cooperation generated through summit-level dialogue to support the overseas expansion of South Korean companies and produce tangible results leading to broader economic exchanges," Koo said. colin@yna.co.kr (END) - Jung Kyung-ho, Choi Soo-young part ways after 14 years of dating - (News Focus) N. Korea, China reaffirm ties, silent on nuclear issues - Thousands rally for 3rd day demanding new election over ballot shortages - Seoul shares open 1.38 pct lower on woes over inflation, tech slump - Zombie thriller 'Colony' hits 4 mln admissions - (News Focus) N. Korea, China reaffirm ties, silent on nuclear issues - (ROUNDUP) Ruling party wins landslide in local elections despite losing Seoul to incumbent mayor - School drama 'Teach You a Lesson' aims to add reality, depth to original webtoon - Thousands rally for 3rd day demanding new election over ballot shortages - Jung Kyung-ho, Choi Soo-young part ways after 14 years of dating - Jung Kyung-ho, Choi Soo-young part ways after 14 years of dating - (2nd LD) (News Focus) Summit shows China more focused on countering U.S. influence than curbing N.K. nukes: experts - (News Focus) N. Korea, China reaffirm ties, silent on nuclear issues - (3rd LD) N. Korea, China vow new era of ties in Kim-Xi summit: KCNA - Seoul reaffirms goal of denuclearizing Korean Peninsula following Kim-Xi summit