"Criticism: A Trade Deal That Grants All of America's Demands"
Repeated Calls for Parliamentary Ratification
"Bypassing Ratification Is a Political Maneuver"

Jang Donghyuk, leader of the People Power Party, commented on November 14 regarding the announcement of the "Joint Fact Sheet," which is the result of the Korea-US customs and security negotiations. He said, "It even feels as if it was hastily prepared to cover up the Daejangdong scandal," and dismissed it as "not a fact sheet, but a blank sheet." He also repeatedly emphasized the need for parliamentary ratification procedures regarding the results of the Korea-US customs negotiations.

Jang Donghyuk, leader of the People Power Party, is speaking at the "Protest Meeting Against the Withdrawal of the Appeal on Daejangdong Development Corruption" held at Seongnam Urban Development Corporation in Bundang-gu, Seongnam-si, Gyeonggi Province on the 14th. Photo by Yonhap News

Jang Donghyuk, leader of the People Power Party, is speaking at the "Protest Meeting Against the Withdrawal of the Appeal on Daejangdong Development Corruption" held at Seongnam Urban Development Corporation in Bundang-gu, Seongnam-si, Gyeonggi Province on the 14th. Photo by Yonhap News

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At the "Protest Meeting Against the Withdrawal of Appeal on Daejangdong Development Corruption" held at Seongnam Urban Development Corporation on this day, Jang commented on the contents of the fact sheet, stating, "I positively evaluate it in terms of alleviating uncertainty in our economy," but added, "It still remains at the level of a general agreement, and it is a trade deal by Trump, for Trump, and of Trump, in which everything the United States wanted was accepted."


Jang also pointed out the lack of specific details regarding the 350 billion dollar investment in the United States. He said, "There is not a single word explaining the fact that 200 billion dollars out of the 350 billion must be paid in cash, how 20 billion dollars will be raised annually, how to prevent the depletion of foreign exchange reserves, or what safeguards exist in case of investment losses."


He also criticized the omission of the nuclear submarine construction site from the fact sheet, saying, "There is no explanation about the nuclear fuel negotiations, the construction location, or the timeline for deployment. There is only a vague declaration of cooperation to establish detailed requirements," and stressed, "If domestic construction is the case, it must be officially stated in the document."


Jang further stated that the government has effectively promised additional opening of the agricultural and livestock markets. He evaluated, "By specifying the removal of non-tariff barriers in agri-food trade, streamlining approval procedures for US agricultural products, establishing a dedicated desk for US fruits and vegetables, and ensuring access to the meat and cheese markets, the government has opened the door for agricultural and livestock products to enter the domestic market."



He once again emphasized the need for parliamentary ratification. Jang said, "President Lee Jaemyung and the Democratic Party of Korea are trying to push through parliamentary ratification to avoid scrutiny of the negotiation details. This is a clear political ploy to cover up the failure of the negotiations and a blatant violation of the Constitution, as it seeks to finalize an agreement that imposes a massive fiscal burden on the people without parliamentary review. Parliamentary ratification procedures must be followed," he insisted.


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

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