South Korea's December 1997 letter to the IMF during the Asian financial crisis: as a condition of the bailout, it committed to open its economy to imports and end trade subsidies.
Trade policy – we will accelerate measures to open the economy to imports and eliminate trade-related subsidies in order to increase competition and efficiency in the domestic economy.
South Korea's December 1997 letter to the IMF during the Asian financial crisis: as a condition of the bailout, it committed to open its economy to imports and end trade subsidies.