Woo Sang-ho "Prolonged Russia-Ukraine War, Government Response Inadequate"
Discussion on Diplomatic Response at Economic Response Special Committee Seminar
Kim Tae-nyeon: "We Must Reduce Dependence on Junggeuk"
Woo Sang-ho, Emergency Response Committee Chairman of the Democratic Party of Korea, is delivering opening remarks at the Special Economic Crisis Response Meeting held at the National Assembly Members' Office Building on the 4th. Photo by Yoon Dong-ju doso7@
View original image[Asia Economy Reporter Park Jun-yi] Woo Sang-ho, Emergency Response Committee Chairman of the Democratic Party of Korea, expressed concerns about the government's response to international situations such as the Russia-Ukraine war and US-China conflicts, calling it "complacent."
On the 4th, Chairman Woo attended the 'Special Committee on Economic Crisis Response Seminar' held at the National Assembly Members' Office Building and said, "Following the US-China conflict, the prolonged war between Ukraine and Russia is causing significant difficulties. Therefore, it is not a matter that can be simply blamed on President Yoon Suk-yeol," adding, "The important thing is whether the Yoon administration thoroughly reviews these issues and prepares mid- to long-term alternatives. In that regard, the provisional judgment is somewhat insufficient."
On the same day, Kim Tae-nyeon, Chairman of the Economic Special Committee, stated, "The US and Europe have responded to Russia with economic sanctions, and Russia has retaliated by cutting off energy and food supplies, escalating the conflict," and added, "Not only due to these impacts but also various other complex factors, the era of globalization is facing significant changes."
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Don't Throw Away Coffee Grounds" Transformed into 'High-Grade Fuel' in Just 90 Seconds [Reading Science]
- President Lee Orders Review of Arrest Warrant for Netanyahu: "Israel Violating All International Norms"
- The Unexpected Story of an American Man Who Won the Lottery 18 Times in 29 Years: "My Real Luck Is My Wife"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
He further suggested, "Economic security strategies must be thoroughly centered on national interests and be pragmatic," and advised, "We should quietly and strategically pursue trade diversification and diversify value chains, ultimately reducing dependence on China gradually. It is not the time for irresponsible economic officials or policy authorities from the government and ruling party to provoke conflicts."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
