Cheong Wa Dae, PM's office to launch emergency economic teams to oversee response to Middle East crisis

Prime Minister Kim Min-seok said Wednesday that two emergency economic teams will be launched at Cheong Wa Dae and his office to oversee the government's response to the Middle East crisis. Kim said at a briefing that an emergency economic situation room will be created at Cheong Wa Dae, while an emergency economic headquarters will be set up under his office due to the widening impact of the ongoing war involving the United States, Israel and Iran. "It is time now to step up the government's preemptive response system to prepare against a prolonged situation, including worst-case scenarios," he said.

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