President Moon: "Success of Korean New Deal Depends on Speed"

After the Korean New Deal National Report Conference, Private Discussions... "Much Effort Needed to Accelerate," Calls for Understanding and Coordination

[Asia Economy Reporter Ryu Jeong-min] President Moon Jae-in said on the 14th during his closing remarks after the closed-door discussion at the Korea New Deal National Report Conference, "The success of the Korea New Deal depends on speed."

Kang Min-seok, the Blue House spokesperson, conveyed in a written briefing that "President Moon emphasized the importance of coordinating interests, saying 'a lot of effort is needed to increase speed.'"

On the 14th, citizens are watching President Moon Jae-in's 'Korean New Deal National Report Conference' in the waiting room of Seoul Station. Photo by Kang Jin-hyung aymsdream@

President Moon stated, "When you actually start working, unexpected delays occur mostly because you have to overcome conflicting interests," and urged the ruling party, government, and the Blue House to "anticipate conflicts of interest and proactively coordinate them."

Spokesperson Kang explained, "Although President Moon still has the Korean Confederation of Trade Unions' temporary delegate meeting ahead, he cited the tripartite representative meeting that produced a labor-management-government agreement as an example of coordinating interests."

Meanwhile, Lee Hae-chan, leader of the Democratic Party of Korea, said, "The President has made an important decision," adding, "Bold ideas are necessary for the success of the Korea New Deal." He also urged, "Each government ministry should have the execution power to intensively promote the Korea New Deal."

Prime Minister Chung Sye-kyun said, "With the Korea New Deal, we have now found a way to escape the 'middle-income trap' and become a leading country," and added, "To make the Korea New Deal successful, proactive administration is required." Prime Minister Chung further stated, "The government will find a sense of mission and devote all efforts," and "I order myself and the cabinet to do their utmost to achieve the outcomes of the Korea New Deal."