Year-End Press Conference Held on the 23rd
"Minimizing National Loss and Impact"
Response to Home Shopping Broadcast Suspension Crisis

Yoo Sang-im, Minister of Science and ICT, emphasized on the 23rd, "Although it is an impeachment crisis, the fields of science, technology, and ICT (Information and Communication Technology) are the core drivers of national growth, so we cannot afford to stop."

Minister Yusang-im of the Ministry of Science and ICT is speaking at a year-end press conference held at a restaurant in Sejong City on the 23rd. Photo by Baek Jong-min

Minister Yusang-im of the Ministry of Science and ICT is speaking at a year-end press conference held at a restaurant in Sejong City on the 23rd. Photo by Baek Jong-min

View original image

Minister Yoo said this during a year-end press briefing held near the Government Sejong Complex, stating, "We cannot stop the work for the future of the Republic of Korea. We will do our best to navigate this issue while minimizing the impact on the national economy, external credibility, and national losses."


Regarding President Yoon Seok-yeol's announcement of martial law, Minister Yoo said, "As a member of the State Council, I was quite surprised to encounter the martial law situation for the first time," and added, "It was hard to agree that martial law was absolutely necessary in this situation. The social impact was so great that I questioned, 'Was this the only way?'" He shared his feelings at the time.


He reiterated, "It is certain that various situations are urgent, but we will absorb the shock and resolve this issue while minimizing the impact on the national economy."


Furthermore, Minister Yoo expressed his determination to maintain a policy of minimal government intervention but to respond decisively if situations arise where citizens suffer damages. As an example, he mentioned the incident where the home shopping channel 'CJ OnStyle' stopped broadcasting its channel to three cable TV companies?D'Live, Areum Broadcasting, and CCS Chungbuk Broadcasting?from midnight on the 5th.



He said, "Because it is an emergency situation, market disruption acts that provoke social chaos must be prevented," adding, "When the government steps in, it must take bold and decisive actions to prevent further damage."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing