The government is set to evaluate its multi-agency response system to global supply chain uncertainties. It plans to verify response procedures and inter-agency cooperation based on a hypothetical supply chain crisis and address any deficiencies.
According to the Ministry of Economy and Finance on September 8, the government will conduct a three-day economic supply chain crisis response tabletop exercise (TTX) from September 9 to 11.
This exercise is the second to be held under Article 28, Section 5 of the Basic Law on Support for Supply Chain Stabilization for Economic Security, following one conducted in November of last year.
The training will progress from identifying supply chain crises to departmental responses and the establishment of follow-up measures. After the exercise, the government will analyze any issues that arise and develop improvement strategies.
Lee Seung-wook, Director of Economic Supply Chain Planning at the Ministry of Economy and Finance, stated, "Through this tabletop exercise, we plan to reassess the response systems among relevant departments and agencies and continuously address any shortcomings."
The exercise is organized by the Ministry of Economy and Finance and will involve participation from the Ministry of Science and ICT, Ministry of Interior and Safety, Ministry of Agriculture, Food and Rural Affairs, Ministry of Trade, Industry and Energy, Ministry of Environment, Ministry of Land, Infrastructure and Transport, Ministry of Oceans and Fisheries, Ministry of SMEs and Startups, Ministry of Food and Drug Safety, Korea Aerospace Research Institute, Defense Acquisition Program Administration, Korea Forest Service, and Korea Disease Control and Prevention Agency.
* This article has been translated by AI.
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