1st Meeting with Space Aviation TF... Song Young-gil "Will Fully Support the Space Aviation Sector"

[Asia Economy Reporter Oh Ju-yeon] The Democratic Party of Korea held the first meeting of the Aerospace Defense Industry TF on the 9th and announced that it will provide full support for the aerospace sector in the future.

[Image source=Yonhap News]

At the first meeting of the Aerospace Defense Industry TF, Representative Song Young-gil mentioned, "President Moon Jae-in and President Biden ended the MCTR missile guidelines, which had been maintained for 45 years, at the recent Korea-US summit," adding, "This completely removed the shackles that acted as obstacles to the government in independent space development, including missile range and space launch vehicle development. A new chapter has opened for South Korea's aerospace industry."

He said, "If President Park Chung-hee built the Gyeongbu Expressway and President Kim Dae-jung created the IT highway, President Moon is opening the expressway to the space era," emphasizing, "The Democratic Party will fully support the aerospace sector, a core growth engine of future science and technology."

He continued, "We will prioritize reflecting projects needed on the ground in policy budgets centered on the Aerospace Defense TF." He also added, "We will actively consider establishing a control tower dedicated to and overseeing aerospace."

Kim Byung-joo, head of the Aerospace Defense Industry TF, said, "With the termination of the Korea-US missile guidelines in May, the expressway to space has been laid," evaluating, "Infinite possibilities have opened for the domestic space industry, which had been restricted until now." He stressed, "Going forward, our party will lead laws, systems, budgets, and public opinion through close communication among the party, government, and Blue House, injecting strong momentum into the aerospace defense industry."

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