"Immediate Start of June Supplementary Budget Finalization Procedure
If United Party Intends to Return to National Assembly, Submit Standing Committee Chair List by Today"

[Asia Economy Reporter Jeon Jinyoung] As the negotiation for the National Assembly's organization is delayed, the Democratic Party of Korea has started last-minute pressure on the United Future Party, saying, "We will complete the organization within this week."


Kim Tae-nyeon, the floor leader of the Democratic Party, announced his decision at the Supreme Council meeting held at the National Assembly on the morning of the 23rd, saying, "Now, as the ruling party, we will make choices and decisions to respond to the national emergency situation. And we will take responsibility for those decisions."

Kim Tae-nyeon, floor leader of the Democratic Party of Korea, is attending the party strategy meeting held at the National Assembly on the 23rd and delivering opening remarks. Photo by Yoon Dong-joo doso7@

Kim Tae-nyeon, floor leader of the Democratic Party of Korea, is attending the party strategy meeting held at the National Assembly on the 23rd and delivering opening remarks. Photo by Yoon Dong-joo doso7@

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Floor leader Kim said, "We will immediately proceed with the necessary procedures to finalize the June supplementary budget (supplementary budget)," urging the United Future Party, "If you have the intention to return to the National Assembly, submit the list of standing committee chairpersons by today (23rd)."


Park Sung-jun, the Democratic Party's floor spokesperson, told reporters after the Supreme Council meeting that "There was a party-level discussion to resolve the (organization) issue on Thursday or Friday," and added, "Kim Young-jin, the senior deputy floor leader, requested all lawmakers to be on standby as the organization will be finalized on Thursday and Friday."


When asked, "If negotiations with the United Future Party ultimately fail, the party will have to take all 18 standing committee chair positions. Is there any burden within the party?" Park replied, "We are making political judgments," and said, "If we consider what is right in the national economic and security emergency situation, including the third supplementary budget bill, the party will come to a decision."


The Democratic Party, for now, intends to keep the door open for negotiations until the last moment. Floor leader Kim met with National Assembly Speaker Park Byeong-seok at 11 a.m. that day to discuss the organization. While the Democratic Party aims to complete the organization this week, if the United Future Party does not submit the list of standing committee chairpersons by today, the possibility of the Speaker distributing the chair positions by his authority increases. It is also known that Kim Young-jin, the Democratic Party's senior deputy floor leader, will meet with Kim Seong-won, the United Future Party's senior deputy floor leader, on the 24th for last-minute coordination.



Meanwhile, the exact return date of Joo Ho-young, the floor leader of the United Future Party who is currently in seclusion, remains unknown. Floor spokesperson Park said, "From the party's standpoint, we expect Floor Leader Joo to return around tomorrow (24th) or the day after (25th). We will talk after hearing his position." He added, "We have discussed handling all 18 standing committees, but there is still time. We will take time and continue to negotiate with the opposition party until the very end with our best efforts."


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

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