South Korea's Ministry of Planning and Finance said that on Wednesday, Finance Minister Lee Hyeong-il held an online meeting with finance commissioners from 18 foreign agencies for the first time since taking office in September to study the latest economic situation in major countries, and requested overseas financial commissioners to closely track the impact of the US midterm elections on the global economy and countries' countermeasures. Lee Hyeong-il pointed out at the meeting that despite South Korea's strong export performance, it is still facing external uncertainties such as European financial instability and global geopolitical tension. He said, “To transform current results into sustainable growth, we need to identify changes in the external environment in advance and proactively prevent risks.”

South Korea's Ministry of Planning and Finance said that on Wednesday, Finance Minister Lee Hyeong-il held an online meeting with finance commissioners from 18 foreign agencies for the first time since taking office in September to study the latest economic situation in major countries, and requested overseas financial commissioners to closely track the impact of the US midterm elections on the global economy and countries' countermeasures. Lee Hyeong-il pointed out at the meeting that despite South Korea's strong export performance, it is still facing external uncertainties such as European financial instability and global geopolitical tension. He said, “To transform current results into sustainable growth, we need to identify changes in the external environment in advance and proactively prevent risks.”