Yoon: "No Opposition Between Parties Before National Interest... Political Strife Harms the People" (Update)

- Ruling and opposition parties sharply clash over budget and bills... Yoon "Financial and institutional support is very important"
- Refers to summit meetings during Southeast Asia tour, urging "Please do your best on follow-up measures"

President Yoon Suk-yeol is concluding his opening remarks at the Cabinet meeting held on the morning of the 22nd at the Yongsan Presidential Office Building in Seoul. /

[Asia Economy Reporter Baek Kyunghwan] President Yoon Suk-yeol stated on the 22nd, "Financial and institutional support through budgets and legislation is extremely important," adding, "If we miss the right timing due to political strife, ultimately the damage will fall entirely on the people." He emphasized the importance of timely handling for the sake of people's livelihood amid the intense confrontation between the ruling and opposition parties over budgets and bills.

President Yoon made these remarks while presiding over a Cabinet meeting at the Yongsan Presidential Office building in Seoul, saying, "There is no ruling or opposition in front of national interest."

His remarks relate to the diplomatic outcomes from last week's Southeast Asia tour. During the Cabinet meeting, President Yoon reviewed the achievements of the recent tour one by one and urged, "Since these are directly connected to national interest and the people's economy, please do your best to follow up so that they lead to tangible results." He stressed this point to highlight the importance of support through budgets and legislation.

President Yoon said, "Over the past ten days, we held the Korea-ASEAN Summit, the G20 Summit, the Korea-US-Japan Summit, and the Korea-China Summit, and after returning, we had a series of meetings with the leaders of Saudi Arabia, the Netherlands, and Spain," adding, "The international community recognizes the Republic of Korea and desires close cooperation with us. They hope to expand cooperation not only in Korea's top-level infrastructure construction, semiconductor and digital advanced technologies, nuclear power and defense industries but also in the cultural content sector." Regarding cooperation with Indonesia, he stated, "The 10 MOUs signed with Indonesia, which has great potential for cooperation with us in investment, core industries, minerals, and digital sectors, will become an important milestone for economic cooperation between the two countries."

He also evaluated the Korea-US and Korea-US-Japan summits as "discussions on ways to respond to the global complex crisis." Regarding the Korea-US-Japan Summit, he said that in addition to responding to North Korea's nuclear threat, "we agreed to jointly respond to complex challenges such as supply chain disruptions and the digital economy, thereby advancing the level and scope of cooperation."

Additionally, President Yoon instructed the establishment of follow-up measures in response to the Itaewon disaster. He said, "Public safety is the nation's highest priority," and previewed, "Following the recent national safety system inspection meeting, we will gather experts soon to prepare a comprehensive countermeasure plan." He also reiterated his order for a thorough investigation into the disaster. President Yoon urged, "The police special investigation team must devote all efforts to a thorough investigation," and added, "Ensure that there is no deficiency in support for the bereaved families and the injured of the Itaewon disaster by thoroughly managing the operation of the one-stop integrated support center."

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