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Finance Ministry creates task force to boost exports, support growth

Published: 01 Apr. 2026, 13:58

Containers ready for export are seen piled up at a port in Busan on March 31. [NEWS1]

The Finance Ministry said Wednesday it has launched a task force involving relevant ministries and private entities to boost exports and support economic growth momentum.

The public-private task force will be headed by the first vice finance minister and consist of officials from seven other government ministries, including the industry and foreign ministries, as well as the Export-Import Bank of Korea and the Korea Trade-Investment Promotion Agency, according to the Ministry of Finance and Economy.

The new team, created by reorganizing an existing export support unit, will coordinate tailored, comprehensive assistance for exporters in financing, overseas market expansion and other areas to proactively respond to changes in the global environment, it added.

"We will strengthen cooperation among relevant ministries and agencies to effectively address complex challenges and establish an integrated support system," a ministry official said.

Exports are a key driver of Korea's economic growth. In March, monthly exports exceeded $80 billion for the first time on record, driven by robust semiconductor shipments, government data showed.

Yonhap