Schwab WEF Chairman on Kim Dong-yeon's Martial Law Letter: "Korea Will Show Rapid Resilience"

Gyeonggi Province Governor Kim Dong-yeon sent an urgent letter regarding martial law, to which Klaus Schwab, Chairman of the World Economic Forum (WEF), expressed his expectation that "Korea will overcome this turmoil and once again demonstrate strong resilience."

In a letter conveyed through Lee Joo-ok, WEF Asia-Pacific Director, Chairman Schwab stated, "The incidents that occurred in Korea over the past few days were very concerning, but I am very pleased that the resolution to lift martial law was implemented peacefully," adding, "As an observer who has long paid attention to Korea, I am confident that Korea will overcome this turmoil and once again show strong resilience."

He continued, "I deeply appreciate your thoughtful letter and the firm commitment to the partnership between Gyeonggi Province and the World Economic Forum."

He further said, "The World Economic Forum is fully prepared to provide the necessary networks and platforms for Korea and Gyeonggi Province to strengthen international public-private partnerships and contribute positively to the global economy," and added, "I hope you navigate this difficult period well, and I look forward to seeing you again in Davos this coming January to further strengthen our meaningful cooperation."

Gyeonggi Province Governor Kim Dong-yeon (right) receives a letter from Schwab, Chairman of the World Economic Forum (WEF), from Lee Ju-ok, Director of WEF Asia-Pacific, on the 9th. Photo by Gyeonggi Provincial Government

In response, Governor Kim Dong-yeon emphasized, "In the Republic of Korea, the 'time of the economy' and the 'time of politics' operate differently," and stressed, "The most urgent matter for the Korean economy is the swift resolution of the political series of events."

He also said, "Although there are various disturbances, we will do our best to quickly organize and resolve economic uncertainties," and requested, "Please help ensure that the solid potential of the Korean economy is widely recognized through the WEF." Lee Joo-ok, WEF Asia-Pacific Director, also promised to convey Governor Kim's intentions to the WEF Chairman and others.

The WEF is a highly authoritative and influential UN non-governmental advisory organization, often called the 'World Economic Olympics,' and holds its annual general meeting, the 'Davos Forum,' in Davos, Switzerland.

Earlier, regarding the martial law situation, Governor Kim sent over 2,500 'urgent letters' on the 4th to foreign heads of state, governors, heads of international organizations, ambassadors to Korea, and foreign investment companies.

In the letter at that time, Governor Kim emphasized, "Despite this unfortunate incident, Korea is resilient and calmly committed to national and regional development strategies, so you can rest assured. We view this moment not as a crisis but as an opportunity to demonstrate our resilience and firm determination for development."

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