Government to Host International Webinar on the 'Korean New Deal'

Korea-Colombia Bilateral Meeting Held... Introduction of New Growth Strategy 'Korean New Deal'

[Asia Economy Reporter Kwangho Lee] On the 27th, the government announced that it held an international webinar on the 'Korean New Deal' attended by more than 130 participants including the diplomatic corps in Korea, foreign media, and international organizations.

Hosted by the Ministry of Economy and Finance, this webinar was organized to share Korea's proactive national response comprehensive strategy after the novel coronavirus infection (COVID-19), the Korean New Deal policy.

Heo Jang, Director General for International Economic Affairs, who presided over the webinar, shared the vision of the Korean New Deal focusing on digitalization, low-carbon and eco-friendliness, and expansion of social safety nets, and explained representative projects and future promotion strategies in each field of the Digital New Deal, Green New Deal, and strengthening employment safety nets.

After the presentation, a Q&A session was held with overseas officials.

Director General Heo Jang particularly emphasized that if the crisis caused by COVID-19 is wisely overcome, the structural transition to a leading economy can rather enhance the economy's growth capacity, and expressed that efforts for structural transition to a low-carbon economy and society, such as strengthening greenhouse gas reduction, are essential in the post-COVID-19 era.

Meanwhile, prior to the webinar, at the request of Colombia, a video conference was held with the Colombian Ministry of Finance and National Planning Agency on the topic of the Korean New Deal.

Through the meeting, Director General Heo Jang shared concerns about domestic demand contraction, supply chain disruptions, and export declines faced by the global economy due to COVID-19, and introduced the Korean New Deal as a new growth strategy for overcoming the economic crisis while achieving sustainable development.

The government plans to actively share the Korean New Deal so that Korea's economic growth strategy in the post-COVID era can be shared with the international community, following the exemplary COVID-19 response of K-quarantine, by conducting bilateral meetings and international seminars targeting foreign governments, international organizations, and overseas research institutes in the future.

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