Company Press Conference & Yonhap News TV Appearance
"Yoon and Ahn Will Split After the Presidential Election... It's No Different from a Merger and Acquisition"

[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Koo Chae-eun] Song Young-gil, leader of the Democratic Party of Korea, announced on the 5th that "we will push for a plan to exempt safety inspection procedures for apartments that are over 30 years old since completion." Regarding the unification of Yoon Seok-yeol and Ahn Cheol-soo, he dismissed it as "essentially a complete surrender, abandoning both political philosophy and principles."


At a press conference at the Yeouido party headquarters that morning, Leader Song stated, "We will drastically improve the regulations on reconstruction safety inspections." He pointed out, "Currently, even if the reconstruction period of 30 years is met, reconstruction itself is impossible if the comprehensive safety inspection evaluation is not passed. In particular, structural safety accounts for 50% of the weighted evaluation criteria, which is hindering the prompt progress of reconstruction."


He added, "As a result, this is the main culprit lowering residents' quality of life and hampering the rapid expansion of housing supply," and explained, "Candidate Lee Jae-myung and the Democratic Party initially announced a reduction in the weight of structural safety, but I believe additional measures are necessary for prompt housing supply and smooth residential maintenance."



Earlier, appearing on Yonhap News TV, he commented on the opposition candidates' unification, saying, "It seems to be causing a tremendous backlash." Regarding Ahn Cheol-soo, leader of the People’s Party who withdrew from the presidential race, he said, "Going beyond simple support to even merging the parties means completely abandoning the political philosophy and principles he had spoken of, amounting to total submission." He added, "There are suspicions of dividing positions such as party leader and prime minister, but this is not integration; it is surrender, absorption, and a merger."


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

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