Moon calls for thorough preparations for changing trade conditions



Yonhap | Korea Herald

President Moon Jae-in stressed the urgency Tuesday of taking government-private measures to respond to changes in the international trade conditions, especially in line with efforts to tackle climate change.

For example, he said, the European Union plans to implement a carbon border tax in 2026 on certain goods imported from third countries with lower environmental standards.

It also announced a plan to start banning the sale of new internal combustion engine vehicles in 2035.

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