Yoon Seok-yeol: "Economy is Security, Security is Economy... We Will Prepare for the Era of Economic Security"

Yoon Suk-yeol, the president-elect of the 20th Republic of Korea, is applauding the introduction of participants at the Seoul International Forum on April 18th afternoon at the Four Seasons Hotel in Jongno-gu, Seoul, during the policy meeting titled "Economic Security Initiative for Overcoming Complex Crises and Advancing as a Global Hub Nation." Photo by the Transition Team Press Corps

[Asia Economy Reporter Naju-seok] President-elect Yoon Seok-yeol said on the 18th, "My position is that we must prepare for an era of economic security where the economy is inseparable from security, and security is essentially the economy."

At the Seoul Forum for International Affairs (SFIA) Economic Security Policy Meeting held that day, President-elect Yoon said, "It seems that the national tasks the new government must undertake are all reflected within the concept of 'Economic Security for Overcoming Complex Crises and Advancing as a Global Hub Nation.'" He added, "The new government will lay the foundation for economic re-leap and thoroughly prepare for the era of economic security," and emphasized, "Listening to the voices of experts is a great asset in governing the country."

Earlier, former Minister of Environment Kim Myung-ja, who gave a congratulatory speech, said, "In an unprecedented era of global complex crises and fierce technological hegemony competition, the report began with finding answers to what path South Korea should take to become a global hub nation through resource management, advanced industrial technology competitiveness, and the realization of constitutional values of liberal democracy." She added, "Overcoming South Korea's numerous fateful geopolitical limitations and competing with great powers can only be achieved through a strategy of economic Korea based on scientific and technological innovation and strengthening advanced industrial capabilities."

Former Prime Minister Lee Hong-gu said, "At this difficult historical turning point, President-elect Yoon Seok-yeol's new government will lead South Korea," and expressed hope that "with wisdom that penetrates the lessons of history and the national spirit determined to achieve peaceful reunification of the divided homeland, they will join hands to create a victorious history that overcomes walls."

The meeting was attended by 35 political and business figures, including former Minister of Finance Sa Gong-il, former Minister of Foreign Affairs and Trade Yoon Young-kwan, former Minister of Unification Hyun In-taek, Chairman of the Asan Social Welfare Foundation Chung Mong-joon, SK Chairman Chey Tae-won, and Chairman of the Korea International Trade Association Koo Ja-yeol.

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