Gov't to introduce emergency tariff-rate quota, release stockpiles to stabilize prices amid Middle East conflict

The government plans to introduce emergency tariff-rate quota programs and release stockpiles to address growing concerns over consumer price hikes stemming from the Middle East crisis. Specifically, it will pursue measures such as seafood and meat discounts and quota system implementation to stabilize prices. The government will strengthen unfair trade practices and call for effective measures to stabilize prices through collaboration between ministries.