April 3 (Asia Today) -- South Korea's major business groups on Thursday pledged to support government efforts to stabilize energy supply, announcing voluntary measures to reduce consumption as risks grow from instability in the Middle East.
Six economic organizations - including the Korea Economic Association, the Korea Chamber of Commerce and Industry and other industry groups - said in a joint statement they would take part in nationwide conservation efforts.
"We strongly agree with the government's call to ensure stable energy supply and promote conservation in preparation for a prolonged Middle East conflict," the groups said. "We will actively participate in efforts to overcome the crisis."
The statement comes as the government raised its energy security alert level and introduced additional conservation measures, including expanded vehicle restrictions at public institutions.
Related
