Kim Jong-in "Need to Prepare Security and Trade Strategies for US Presidential Election... Preparing Bipartisan Response"

[Image source=Yonhap News]

[Asia Economy Reporters Lee Ji-eun, Lim Chun-han] Kim Jong-in, Emergency Response Committee Chairman of the People Power Party, urged the government to prepare security and trade policies regarding the U.S. presidential election results, stating, "It is necessary to establish a meticulous security strategy based on multiple scenarios, and also prepare countermeasures for trade issues in advance."

At the Emergency Response Committee meeting held at the National Assembly on the morning of the 5th, Chairman Kim said, "Our party is ready to respond in a bipartisan manner to realize national interests, focusing on maximizing national interests rather than factional gains."

This implies that cooperation with the government and ruling party on security and trade matters is possible depending on the U.S. presidential election results. He added, "Although the election results are not yet clear, the chaotic situation may continue for some time," and "Uniting a divided people and country will inevitably become a major task for the U.S."

He also said, "Looking at the U.S. election, there are many lessons for our country," adding, "When national opinion is divided into two, the country cannot find stability and inevitably heads toward chaos."

Regarding the 'defection of North Korean residents' the previous day, Chairman Kim pointed out, "The poor vigilance of our military was revealed during the process of North Korean residents defecting through the front-line area of Gangwon Province," and "It is hard to count how many absurd incidents like this have occurred under the Moon administration."

He emphasized, "History teaches us that peace is only possible when a firm security posture is established," and "The military authorities must thoroughly disclose the truth of this incident to the public and strictly hold those responsible accountable."

On the housing lease crisis, he pointed out, "Experts commonly agree that the main cause of the surge in jeonse prices is the unilateral passage of the Lease Protection Act, ignoring parliamentary procedures under the pretext of protecting tenants," and "Although various side effects have occurred due to artificial real estate policies that disregard the market, the government is making irrational decisions, blinded by the need to secure tax revenue to fill empty coffers caused by reckless fiscal spending."

He criticized, "If the tax burden increases due to the rise in official land prices, landlords will raise rents to reduce taxes, causing the disappearance of jeonse and the spread of monthly rent increases," and "If the government and ruling party truly want to protect the housing life of ordinary citizens, they must revise the Lease Protection Act and correct the mistakes from the beginning."

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