South Korea to hold first talks with striking truckers on Monday

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South Korea to hold first talks with striking truckers on Monday
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South Korea's government will meet a striking truckers' union on Monday for the first talks of a five-day nationwide walkout, as supply chain glitches worsen and concrete runs out at building sites.

The government, which estimates daily losses at about 300 billion won as supplies of cement and fuel for gas stations run short, raised its warning of cargo transport disruption to the highest level.

"The transport ministry's position is already set, and there is no room for negotiations, so this meeting is not a negotiation ... the content is a demand for an unconditional return to work," the union said in a statement on Sunday.

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