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GM weighs South Korea exit as “Yellow Envelope” law passes

On August 24, 2025, South Korea’s National Assembly officially passed amendments to Articles 2 and 3 of the Trade Union and Labor Relations Adjustment Act, otherwise known as the “Yellow Envelope” bill. Spearheaded by South Korea’s current ruling party, the bill has caused significant concern in the country’s industrial sector, with potential unrest brewing in its aftermath.