S. Korea may reconsider withdrawal from GSOMIA if Japan withdraws trade curbs
- 5 years ago
이낙연 "日 부당조치 원상회복하고 지소미아 종료 재검토 가능"
The South Korean government says it could reconsider the termination of its military intel-sharing pact with Japan... should Tokyo withdraw its trade curbs.
The remarks came during a meeting among the government, the ruling party and the presidential office.
Also discussed was next year's budget, which is set to rise by around 9 percent from this year.
Our Kim Min-ji at the National Assembly for us tonight.
South Korea has hinted that it could reconsider it's decision to pull out of its military intel-sharing pact with Japan should Tokyo take appropriate action.
Prime Minister Lee Nak-yon made the remarks during a high-level meeting between the ruling party, government and presidential office on Tuesday,... to discuss follow-up measures to Japan's trade curbs.
He said that maintaining GSOMIA is no longer in the country's interest,... after Tokyo removed Seoul from its list of trusted trading partners.
"There's almost three months left before GSOMIA expires on November 23rd. There's room for reconsideration should Japan lift its export curbs and come to the negotiating table."
The three sides also agreed on the need for an expansionary budget for next year,... to tackle the headwinds facing the country,... including Tokyo's trade retaliation.
The 2020 budget plan,... which will be finalized on Thursday,... is expected to amount to over 420 billion U.S. dollars,... a hike of about nine percent on-year.
Of that,... more than 1-point-6 billion dollars will be set aside to help local industries cope with Japan's trade curbs.
"If there's a word to describe the conditions facing the South Korean economy it's 'uncertainty.' The 2020 budget will be the basis for the country to overcome downside economic risks,... tackle Japan's export curbs,... and step up industrial competitiveness."
And with the regular session of the National Assembly set to kick off in September,... they called for cooperation from the opposition bloc to work on pending bills related to people's livelihoods... as well as next year's government budget.
"During the final regular session of the 20th National Assembly our focus will be taking care of people's livelihoods. We have a lot on our plate including government interpellation sessions,... state audits as well as deliberating pending bills. We'll also do our best to smoothly pass the budget bill to revive the economy."
"The three sides said that their utmost priority at present is reviving the economy and dealing Japan's export curbs vowing close cooperation between parliament and the government to bring about positive changes the people can feel. Kim Min-ji, Arirang News."
The South Korean government says it could reconsider the termination of its military intel-sharing pact with Japan... should Tokyo withdraw its trade curbs.
The remarks came during a meeting among the government, the ruling party and the presidential office.
Also discussed was next year's budget, which is set to rise by around 9 percent from this year.
Our Kim Min-ji at the National Assembly for us tonight.
South Korea has hinted that it could reconsider it's decision to pull out of its military intel-sharing pact with Japan should Tokyo take appropriate action.
Prime Minister Lee Nak-yon made the remarks during a high-level meeting between the ruling party, government and presidential office on Tuesday,... to discuss follow-up measures to Japan's trade curbs.
He said that maintaining GSOMIA is no longer in the country's interest,... after Tokyo removed Seoul from its list of trusted trading partners.
"There's almost three months left before GSOMIA expires on November 23rd. There's room for reconsideration should Japan lift its export curbs and come to the negotiating table."
The three sides also agreed on the need for an expansionary budget for next year,... to tackle the headwinds facing the country,... including Tokyo's trade retaliation.
The 2020 budget plan,... which will be finalized on Thursday,... is expected to amount to over 420 billion U.S. dollars,... a hike of about nine percent on-year.
Of that,... more than 1-point-6 billion dollars will be set aside to help local industries cope with Japan's trade curbs.
"If there's a word to describe the conditions facing the South Korean economy it's 'uncertainty.' The 2020 budget will be the basis for the country to overcome downside economic risks,... tackle Japan's export curbs,... and step up industrial competitiveness."
And with the regular session of the National Assembly set to kick off in September,... they called for cooperation from the opposition bloc to work on pending bills related to people's livelihoods... as well as next year's government budget.
"During the final regular session of the 20th National Assembly our focus will be taking care of people's livelihoods. We have a lot on our plate including government interpellation sessions,... state audits as well as deliberating pending bills. We'll also do our best to smoothly pass the budget bill to revive the economy."
"The three sides said that their utmost priority at present is reviving the economy and dealing Japan's export curbs vowing close cooperation between parliament and the government to bring about positive changes the people can feel. Kim Min-ji, Arirang News."