Kim Tae-nyeon, floor leader of the Democratic Party of Korea, attended the policy coordination meeting held at the National Assembly on the 31st. He is delivering opening remarks. Photo by Yoon Dong-joo doso7@

Kim Tae-nyeon, floor leader of the Democratic Party of Korea, attended the policy coordination meeting held at the National Assembly on the 31st. He is delivering opening remarks. Photo by Yoon Dong-joo doso7@

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[Asia Economy Reporter Wondara] Kim Tae-nyeon, the floor leader of the Democratic Party of Korea, announced that he will accelerate the launch of the High-ranking Officials' Crime Investigation Unit (HCIC). Reflecting on the past year, he self-assessed that "the foundation for a just society has been established."


At the policy coordination meeting held at the National Assembly on the morning of the 31st, Floor Leader Kim said, "Yesterday, President Moon Jae-in nominated a candidate for the head of the HCIC. We will prepare for the swift launch of the HCIC." He added, "Tricks and stalling cannot stop the wheels of reform," and urged, "We ask the People Power Party to cooperate so that the HCIC can start successfully."


Regarding Han Jeong-ae, the Democratic Party policy committee chair who has worked closely with him and was nominated as the Minister of Environment the day before, he said, "She is a recognized expert, so I believe she will make great contributions after joining the cabinet," and added, "I have no doubt she will achieve significant results in national governance."


Reflecting on the past year, Floor Leader Kim said, "We passed the HCIC Act for the first time in 24 years, fully revised the Fair Trade Act for the first time in 40 years, amended the Local Autonomy Act for the first time in 32 years, and revised labor-related laws to comply with the ILO fundamental conventions after 30 years of membership. These are the most reform bills passed since 1987," and stated, "We have laid the foundation for a just society."


He also said, "Thanks to the success of K-quarantine, we are recording the highest economic growth rate among OECD countries. The solidarity and cooperation of all citizens created the groundwork for becoming a model leading country in quarantine, which was the light discovered in 2020 amid the COVID-19 crisis."



Floor Leader Kim stated, "The Democratic Party will do its utmost in the new year to overcome national crises and restore the livelihood economy," and added, "We will thoroughly inspect to ensure that tailored damage support measures are promptly implemented in January. We will establish the legal and institutional foundation for the success of the Korean New Deal and accelerate legislation to promote economic innovation."


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

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