Key Issues Including Livelihood Support Fund and Special Prosecutor Law for Chae Sang-byeong... Interest in Regularizing Yoon-Li Summit Talks
Sharp Differences in Positions on Livelihood and Political Issues
Democratic Party Signals Possibility of Discussing Kim Geon-hee Special Prosecutor Law to Increase Pressure
Legislative Conflict and Successor Prime Minister Also Key Issues
President Yoon Suk-yeol and Lee Jae-myung, leader of the Democratic Party of Korea, will hold a bilateral meeting at 2 p.m. on the 29th to engage in full-scale discussions on current political issues. This is the first such meeting since President Yoon's inauguration in May 2022. With the president and the leader of the main opposition party opening the door to dialogue, attention is focused on whether this can serve as a foundation for establishing a framework for cooperation through regular future meetings.
On the morning of the 29th, both the Blue House and the Democratic Party finalized preparations by reviewing the topics to be discussed at the meeting table. It is reported that the Blue House postponed the usual Monday morning senior secretaries meeting and weekly gatherings. President Yoon and Lee reached a consensus to engage in dialogue without limiting the agenda, so a broad discussion is expected. However, since the two sides hold sharply divergent views on key livelihood and political issues such as the “KRW 250,000 per person nationwide livelihood support payment” and the “Special Prosecutor Act on Allegations of External Pressure in the Death Case of Marine Corps Corporal Chae Sang-byeong (Chae Sang-byeong Special Prosecutor Act),” thorough preparation and response are inevitable.
Democratic Party: "Need for Change in National Policy Direction Beyond Livelihood Recovery Support Fund"
The Democratic Party is also making every effort to ensure the smooth passage of the Chae Sang-byeong Special Prosecutor Act during the May extraordinary session of the National Assembly ahead of the summit meeting, and hinted at the possibility of the “Kim Geon-hee Special Prosecutor Act” being raised at the table, applying comprehensive pressure.
Lee Jae-myung, leader of the Democratic Party of Korea, is speaking at the Supreme Council meeting held at the National Assembly on the 29th. Photo by Kim Hyun-min kimhyun81@
View original imageRecently, the Democratic Party directly referred to the plenary session in the relevant standing committees the Grain Management Act, which President Yoon vetoed as his first veto, the Franchise Business Act opposed by the government and ruling party, and the Democratic Meritorious Person Act. They also announced plans to re-pursue the three broadcasting laws (Broadcasting Act, Broadcasting Culture Promotion Act, and Korea Educational Broadcasting System Act amendments), which were discarded due to President Yoon’s veto, together with other opposition parties in the 22nd National Assembly.
This is interpreted as an intention to further pressure the Blue House by leading a united front with 192 seats from the opposition camp. In addition, the Democratic Party has announced plans to pass other bills it has promoted, such as the Special Act on Jeonse Fraud and the Special Act on the Itaewon Disaster, within the 21st National Assembly session, so these topics are also expected to be mentioned at the summit meeting.
A Democratic Party official said, “This will be an occasion for Lee to convey public sentiment frankly,” adding, “In addition to the medical school quota issue and the livelihood recovery support fund, various matters requiring a change in national policy direction are likely to be raised at the discussion table.”
Solutions to Legislative Conflicts and Regularization of Summit Meetings on the Table
Solutions to legislative conflicts and regularization of summit meetings on the table The informal meeting starting at 2 p.m. is expected to cover discussions on ▲KRW 250,000 per person nationwide livelihood support payment ▲Special Prosecutor Act on Allegations of External Pressure in the Death Case of Marine Corps Corporal Chae Sang-byeong ▲solutions to legislative conflicts ▲regularization of summit meetings ▲appointment of a successor prime minister. Both sides are expected to have candid conversations on livelihood and political issues, and depending on the atmosphere of the meeting, a private meeting between President Yoon and Lee without attendants is also reportedly possible.
Hot Picks Today
"Could I Also Receive 370 Billion Won?"... No Limit on 'Stock Manipulation Whistleblower Rewards' Starting the 26th
- Samsung Electronics Labor-Management Reach Agreement, General Strike Postponed... "Deficit-Business Unit Allocation Deferred for One Year"
- "From a 70 Million Won Loss to a 350 Million Won Profit with Samsung and SK hynix"... 'Stock Jackpot' Grandfather Gains Attention
- "Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Regarding the key issue of the livelihood support payment, the Blue House’s position is that nationwide payment is not possible considering the inflation situation, but there is consensus on expanding support for small business owners and financial aid for low-income groups, suggesting room for compromise. Discussions on solutions to the legislative conflicts, which have yet to find an exit such as the full-scale collective action by medical school professors, are also expected to be on the table.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.