Hong Nam-ki Introduces K-Quarantine to EU Member States in Korea... "Strengthening Korea-EU Cooperation"

[Asia Economy Reporter Jang Sehee] Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance, introduced the government's COVID-19 quarantine measures and economic policies during a luncheon meeting with ambassadors of European Union (EU) member countries in Seoul at the Four Seasons Hotel on the 11th.

The event was attended by ambassadors from 21 EU countries, including Michael Reiterer, Ambassador of the EU Delegation. On the Korean side, the Deputy Prime Minister and Heo Jang, Director General for International Economic Affairs, participated.

Deputy Prime Minister Hong highlighted the key elements of K-quarantine in response to COVID-19 as '4T+1P' (Testing, Tracing, Treating, Transparency, and Participation). He cited the self-diagnosis and self-quarantine apps and the stabilization of mask supply as successful quarantine cases.

Regarding economic policy, he evaluated that a total of KRW 599 trillion worth of measures were prepared after the COVID-19 shock, providing comprehensive support in five areas: damage support for small business owners, survival support for crisis-hit companies, financial market stabilization, employment stability support, and reinforcement of economic vitality.

Deputy Prime Minister Hong stated, "In an era where conflicts between countries are intensifying, the spirit of EU integration that has continued for decades can serve as a good model," and added, "We will strengthen cooperation between Korea and the EU in preparation for the post-COVID-19 era."

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