Lee Jaeyoung, President of the Korea Institute for International Economic Policy, Resigns... Considering Running in the General Election

[Asia Economy Reporter Kang Nahum] It has been confirmed that Lee Jaeyoung, president of the Korea Institute for International Economic Policy (KIEP), submitted his resignation on the 15th. Since he resigned on the last day for public officials to step down before running in the general election, it is anticipated that he will run for office.

According to KIEP on the 16th, Lee stated at his retirement ceremony held in Sejong City the previous day, "I will return to my hometown, Yangsan, Gyeongnam, and live as a private citizen."

In particular, some interpret Lee's resignation on the 15th as a move to run in the general election. The 15th is the deadline for public officials to resign in order to run in the general election.

Lee graduated from Hanyang University with a degree in economics, earned a master's degree in business administration from Hanyang University, and received a doctorate in economics from Moscow State University in Russia.

Since April 2005, he has worked at KIEP, serving as head of the Europe team, head of the Russia and CIS team, director of research coordination, senior research fellow, and head of the Gumi-Eurasia headquarters. As a Russia expert, he has also been active as an academic and government policy advisor.

Lee also served as an adjunct professor at Hanyang University Graduate School of International Studies, honorary professor at the Far Eastern Federal University in Russia, and honorary professor at the Economic Research Institute of the Far Eastern Branch of the Russian Academy of Sciences.

After the inauguration of the Moon Jae-in administration, he served as a policy advisory member of the National Security Office at the Blue House, a civilian member of the Presidential Committee on Northern Economic Cooperation, a trade policy advisor at the Ministry of Trade, Industry and Energy, and an expert advisory member of the inter-Korean summit preparation committee.

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