FSC Chairman Kim Joo-hyun presided over a meeting with the heads of major commercial banks, policy financial institutions along with the relevant government ministries on August 16 and announced a set of measures aimed at boosting support for domestic export businesses. Key details of the measures include (a) proving strategic support for domestic export businesses to more effectively prepare them for the rapidly changing global trade structure, (b) strengthening the medium- to long-term competitiveness of the strategic export sectors by expanding the size of export finance and (c) reducing the burden of using trade finance for some 2,500 outstanding export businesses selected by the government. At the meeting, Chairman Kim said that the measures have been prepared to reinvigorate our export industry, promote active participation by commercial banks and broaden the eligibility of support to include middle market enterprises.