South Korea finance minister says ongoing strikes could weaken recovery momentum

[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