Lee In-young: "Green New Deal to Become 'Peace New Deal' Through Cooperation with Bukhan... Developing as Our Future Growth Engine"

[Image source=Yonhap News]

[Asia Economy Reporter Lee Ji-eun] Lee In-young, Minister of Unification, emphasized the need to link the South Korean government's 'Green New Deal' with North Korea through cooperation to create a 'Peace New Deal' and develop it as a future growth engine for South Korea.

At the 'South-North Renewable Energy Cooperation Plan Discussion for Peace and Sustainable Development on the Korean Peninsula' held on the morning of the 3rd at the Yeouido Forest Vision Center, Minister Lee stated, "The field of renewable energy cooperation between South and North Korea is a next-generation model of exchange and cooperation projects with infinite potential and development possibilities, and a blue ocean."

Minister Lee said, "Especially, this moment is a starting point where the Green New Deal promoted by our government can be linked with cooperation with North Korea to create a 'Peace New Deal' where peace and economy circulate positively, developing it as a future growth engine of our economy," adding, "North Korea may also have active interest and willingness regarding renewable energy and sustainable development from the perspectives of insufficient power supply and international cooperation."

He emphasized, "Until now, South and North Korea have not specifically discussed renewable energy cooperation, but the September 2018 Pyongyang Joint Declaration specified joint efforts for environmental cooperation," and added, "The foundation for South-North renewable energy cooperation has already been established."

Minister Lee said, "Renewable energy cooperation can be explored as new imagination to break the deadlock in inter-Korean relations," and added, "Depending on progress in the North Korean nuclear issue, it is necessary to consider starting with small-scale renewable energy cooperation to solve residents' livelihood issues and gradually broaden and expand the horizon of renewable energy cooperation."

He stated, "At a time when the outline of the U.S. policy toward North Korea is becoming clear, the government will closely coordinate with the U.S. to expedite North Korea-U.S. dialogue," and said, "Under the clear stance that no moment should create tension on the Korean Peninsula, we will also create meaningful changes between South and North Korea."

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