President Yoon: “For South Korea to grow, the two axes of Seoul and Busan must work together.”

South Korean President Yoon Seo-gyeol declared the ``Regional Era'' in Busan on the 14th, saying, ``For the development and growth of the entire Republic of Korea, two axes, Seoul and Busan, must operate.''
"If Yeongnam (Gyeongsang Province) and Honam (Jolla Province) develop together, the entire Republic of Korea will be able to stand up." President Yoon attended a major event held at the Busan International Financial Center this afternoon.
He attended the ``Local Era Proclamation Ceremony'' held by the ``Local Era Committee'' under the direct control of the President. President Yun said, ``I believe that the core of balanced regional development is a fair approach, strengthening local fiscal autonomy, and local self-initiation.
We have strengthened the central government's support for industries with comparative advantages that we have developed," and added, "We will create high-quality jobs through education linked to local industries."
He continued, ``The government is resolute in providing tax support to attract local businesses, improving the settlement environment, and transferring land regulatory authority to local regions.''
We will continue to promote this." President Yoon also said, ``Regional competitiveness is national competitiveness,'' and added, ``Our government is in the same position as before, when the central government had all the authority and the word ``regional'' was used.
"We will not follow in the footsteps of the government," he said. He continued, ``The people will no longer tolerate this ridiculous political situation in which not even a proper shopping mall has been built in the area.''
``In order to truly open an era for local governments, we will not only work closely with the central government and local regions, but also work together with the people.''
Furthermore, President Yoon said, ``We are now in the era of regional areas. The era of regional areas means opportunities.'' ``The Republic of Korea is
Achieved industrialization and democratization. "The Republic of Korea must now make even greater strides through the era of regionalization."