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South Korea finance minister says ongoing strikes could weaken recovery momentum

Tuesday, October 11, 2016 - 13:26
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South Korea's finance minister expressed worries on Tuesday that ongoing strikes in a number of industries, like auto and rail, could hamper the economy's recovery momentum if they are extended for a longer period of time.

[SEOUL] South Korea's finance minister expressed worries on Tuesday that ongoing strikes in a number of industries, like auto and rail, could hamper the economy's recovery momentum if they are extended for a longer period of time.

"We strongly urge the employees at the cargo alliance, state-run companies and carmakers to stop their strike action immediately and return to their workplace," said Finance Minister Yoo Il Ho in a speech for a regular government meeting.

REUTERS

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