President Moon: "It's regrettable that Minnochoeng did not participate, but the outcome is very meaningful" (Update)

The Tripartite Commission Attends 'Labor-Management-Government Agreement Ceremony'... First Time President Visits the Tripartite Commission

[Asia Economy Reporter Ryu Jeong-min] President Moon Jae-in (face) attended the signing ceremony of the labor-management-government agreement held on the 28th without the participation of the Korean Confederation of Trade Unions (KCTU) and urged overcoming the 'Coronavirus Disease 2019 (COVID-19)' crisis through social grand compromise.

The Economic, Social and Labor Council (ESLC) held its 8th plenary session at a conference room in Jongno-gu, Seoul, on the same day and signed the labor-management-government agreement to overcome the COVID-19 crisis. This was the first time President Moon visited the ESLC.

[Image source=Yonhap News]

President Moon said, "Today's signing of the labor-management-government agreement is a precious result achieved by economic agents each making concessions to overcome the COVID-19 economic crisis," adding, "It is regrettable that the KCTU did not participate, but it is a very meaningful achievement." Regarding this, a Blue House official said, "The participants of the ESLC plan to form a special committee as soon as possible to ensure the implementation of the agreed contents."

Through the full text of the labor-management-government agreement, the ESLC stated, "It has become the most important national task to ensure that companies can firmly withstand the crisis and to protect even a single job," and "A dense social safety net must be established, and a robust response system to infectious diseases must also be built." The labor-management-government agreement contains the roles of labor and management and government support measures to overcome the economic and employment crisis.

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