Prime Minister Kim: "Prompt Formation of Intergovernmental TF for Korea-US 'Vaccine Partnership'"

Opening Remarks at the 23rd Cabinet Meeting

[Image source=Yonhap News]

[Sejong=Asia Economy Reporter Son Sun-hee] Prime Minister Kim Boo-kyum said on the 1st, "The government will promptly establish a promotion system, including the 'Global Vaccine Partnership Expert Group,' which will serve as a communication channel between Korea and the U.S., and an inter-ministerial task force (TF)." He added, "We will make early achievements visible through follow-up support for contracts and memorandums of understanding (MOUs) related to domestic vaccine investment, development, and production."

On the morning of the same day, Prime Minister Kim presided over a Cabinet meeting at the Government Complex Sejong and stated, "We will actively contribute to overcoming COVID-19 together with the international community." This is a follow-up measure to the comprehensive 'Global Vaccine Partnership' agreed upon by the two countries at last month's Korea-U.S. summit.

Prime Minister Kim said, "By combining our pharmaceutical production capacity with U.S. technology to produce and supply large quantities of vaccines, we can significantly contribute to the international community's efforts to overcome COVID-19." He added, "Taking this opportunity, we will build a 'Global Vaccine Hub' that can effectively respond not only to COVID-19 but also to other emerging infectious diseases."

Regarding the recent trend of COVID-19 cases, Prime Minister Kim said, "It is being managed at a controllable level," and evaluated, "Our economy, which suffered a major blow, is reaching a turning point of recovery due to strong exports and increased investment." He urged, "In the second half of the year, we must prepare in advance to continue the momentum of economic recovery and leap forward based on more thorough quarantine measures." He also requested, "Each ministry should carefully review pending issues to be completed in the first half of the year and preliminarily examine and prepare policies and projects to stimulate domestic demand and consumption, as well as to activate exports and investment in the second half of the year."

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