Establishing a 3-Year Basic Plan for New Industries... Expanding Regulatory Reform Roadmap for Electric Vehicles, etc.
Spreading Fair and Inclusive Society... Revising Over 2,000 Ordinances Restricting Residents' Lives
Creating Substantial Changes in Public Service... Applying Active Administration to All Stages of Regulatory Sandbox

[Asia Economy Reporter Kwangho Lee] The government will establish and operate a 'Conflict Mediation Committee' this year to resolve four major big issues: sharing economy, medical and bio, big data and artificial intelligence (AI), and mobility. In addition, it plans to prepare a basic plan for regulatory reform every three years in the new industry sector in the first half of this year, and to discover a proactive regulatory innovation roadmap for hydrogen and electric vehicles, virtual and augmented reality (VR·AR), AI, and robots to secure new growth engines in the era of the 4th Industrial Revolution.


On the 6th, the government held a National Policy Issue Inspection and Coordination Meeting chaired by Prime Minister Chung Sye-kyun to discuss the '2020 Regulatory Innovation Promotion Direction' containing these contents.


No Hyung-wook, Director of the Office for Government Policy Coordination, said, "The first half of the Moon Jae-in administration achieved a breakthrough in the regulatory innovation paradigm and abolished over 3,700 regulations," adding, "This year, we will create innovations in the economy, livelihood, and public service sectors and actively expand results that the public can feel directly."


First, the government will establish and operate a conflict mediation system to resolve the four major big issues that have been controversial due to stakeholder and value conflicts.


In the first half of this year, conflict mediation committees will be formed for each issue under the four main ministries in charge of the regulatory sandbox, and the 4th Industrial Revolution Committee's regulatory and institutional innovation hackathon will be utilized as a means of conflict resolution. In particular, for tasks with significant social impact, the Regulatory Reform Committee will also consider presenting recommendations.


Furthermore, the government will convert regulations of public institutions into negative regulations and accelerate the transition to negative regulations focusing on ten key areas such as software, new product certification, and agricultural and food industry promotion.


In the first half of the year, the government plans to continuously resolve on-site difficulties mainly in future cars and drones, and in the second half, focus on medical devices and new materials.


Additionally, for the first time among the comprehensive regulatory reform plans established annually, a separate basic plan will be prepared every three years for the new industry sector.


In particular, the proactive regulatory innovation roadmap will be expanded for hydrogen and electric vehicles, VR·AR, AI, and robots. The proactive regulatory innovation roadmap is a new regulatory innovation method that identifies regulatory issues in advance through future prediction and reforms regulations before problems arise.


Along with this, to spread the foundation of a fair and inclusive society, the government will identify areas with significant impact on citizens' lives, organize them by theme for comprehensive reform, and actively improve citizens' regulatory suggestions.


About 2,000 ordinances that lack legal basis or excessively restrict residents' lives and business activities beyond the law will be revised within the first half of the year, and about 24,000 unreasonable rules will be thoroughly investigated and reformed.


Moreover, the government plans to create substantial changes in the public service society through public service innovation.


Proactive administration will be applied at all stages of the regulatory sandbox, and policies that citizens can tangibly feel will be selected and promoted as leading tasks by agency heads reflecting the characteristics of each institution. Plans to strengthen incentives for proactive administration will also be prepared. The tax plan will be announced in March.



An official from the Office for Government Policy Coordination said, "Major regulatory innovation tasks will be submitted and announced at the issue coordination meeting, and departmental tasks requiring rapid results will be completed within the first half of the year."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing