Lee Hae-chan, leader of the Democratic Party of Korea, is attending the Supreme Council meeting held at the National Assembly on the 25th and delivering opening remarks. Photo by Yoon Dong-joo doso7@

Lee Hae-chan, leader of the Democratic Party of Korea, is attending the Supreme Council meeting held at the National Assembly on the 25th and delivering opening remarks. Photo by Yoon Dong-joo doso7@

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[Asia Economy Reporter Wondara] The leadership of the Democratic Party of Korea urged the United Future Party to promptly engage in negotiations for the formation of the National Assembly. The Democratic Party indicated a majority vote decision policy, stating that "it has been customary to determine standing committee chair positions through negotiations," in response to the United Future Party's demand for the chairmanships of the National Assembly's Budget and Accounts Special Committee and the Legislation and Judiciary Committee.


On the morning of the 25th, Democratic Party leader Lee Hae-chan said at a Supreme Council meeting held at the National Assembly, "The 21st National Assembly will begin this Saturday," adding, "I understand that negotiations between the ruling and opposition parties are underway, but there are matters to be handled through negotiation and others according to the National Assembly regulations. There is a need to organize these."


Leader Lee stated, "Until now, even with National Assembly regulations, everything was attempted through negotiation, but since the regulations are agreed upon, the 21st National Assembly should follow the regulations where applicable and negotiate where necessary," and urged, "I once again ask the floor leaders to comprehensively consider negotiations and National Assembly regulations."


Floor leader Kim also said, "Yesterday, negotiations for the formation of the National Assembly began. There are two weeks left until the legal deadline for formation on June 8," emphasizing, "We must start the National Assembly on time to protect the lives of the people."


Floor leader Kim added, "Tomorrow, I will meet with United Future Party floor leader Joo Ho-young," and stressed, "I believe floor leader Joo also agrees that the legal deadline for formation must be met." He continued, "We also share the view that parliamentary reform to create a working National Assembly is more important," and said, "We will do our best to swiftly conclude the formation negotiations and establish a working National Assembly through bipartisan agreement."


Meanwhile, regarding the meeting between President Moon Jae-in and the floor leaders of the ruling and opposition parties scheduled for the 28th, floor leader Kim said, "It will be the first such meeting in a year since the ruling-opposition policy consultation body," expressing hope that "it will serve as a stepping stone for advancing bipartisan cooperation."



He stated, "The key issue to be discussed at this meeting is the cooperation between the government and the National Assembly to overcome the COVID-19 crisis," adding, "Some experts believe that the economic shock caused by COVID-19 is greater than the 2008 financial crisis and the 1997 foreign exchange crisis. We need to prepare measures swiftly, including the formulation of the third supplementary budget."


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

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