South Korea poised to grant more aid to maritime industry
South Korea's new president is allegedly prepared to go further than his predecessor in efforts to aid the country's crucial maritime industry. Part of the plan is establishing the Korea Maritime Promotion Agency. The EU has previously criticized the country's involvement in the maritime sector.
Although it perhaps flies in the face of free trade and liberal competition, South Korea's new president is supposedly in the midst of scaling up the government's efforts to secure a strong maritime industry in the country.
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