President Moon Jae-in praised his administration for its handling of Japan's trade restrictions against South Korea, which, by Friday, will have been in effect for 100 days.
Speaking during a weekly Cabinet meeting-- the president also called on the nation to help the administration's push for structural reform.
"By turning it into an opportunity and a turning point, it would fundamentally transform our industrial structure and become a huge help in enhancing our economy's competitiveness."
The president added that with the swift countermeasures by the government and businesses, coupled with Korean peoples' responses, the country as a whole was able to make progress despite the trade curbs.
The president added that both the government and the parliament should up their communication to get a special bill passed aimed at helping local industries associated with materials and parts gain a competitive edge.