On the 13th, an ‘urgent inspection meeting on temporary suspension of Chinese short-term visa issuance’ was held at the Trade Association meeting room in Samseong-dong, Seoul, presided over by Dong-min Moon, head of the Trade and Investment Office of the Ministry of Trade, Industry and Energy. Provided by the Ministry of Industry.
As China stopped issuing short-term and transit visas to South Korea, the government began preparing countermeasures, such as supporting proxy interviews for Korean companies through local trade offices.
The Ministry of Trade, Industry and Energy announced on the 13th that an emergency countermeasure meeting was held at the Korea International Trade Association in Seoul, involving export support organizations and major industry associations regarding China’s suspension of visa issuance.
KOTRA decided to provide Korean companies’ overseas business trips and local branch agency services through the local trade center in China. Activities such as proxy meetings with export partners and proxy visits to exhibitions are also planned. Since the 12th, KOTRA has been operating the China Trade Support Desk and is receiving difficulties from domestic companies.
The Korea International Trade Association (KITA) also decided to set up a center to receive complaints due to restrictions on business visits to China, provide information on the local situation in China, and provide online counseling services. Industry-specific associations and groups are also planning to accept the difficulties of their companies and inform the government, and serve as a window to introduce government support measures to companies.
The Ministry of Trade, Industry and Energy has also decided to identify signs of anomalies in the supply chain, such as prices, production, and logistics of key items that are highly dependent on the public, in real time. “China is a major trading partner with the largest trade relationship with Korea,” said Moon Dong-min, head of the Ministry of Trade, Industry and Energy’s trade and investment office.
