South Korean President Yoon ``prevents political and ideological interference in the economy''...at a chamber of commerce meeting

On the 19th, President Yoon Seo-gyeol held a luncheon meeting with the presidents of South Korea's National Chamber of Commerce and Industry at the Blue House and declared that he would prevent politics and ideology from dominating the economy too much.
He said he would create an environment where companies can operate freely and allow Korean companies to play an active role in the world. This meeting was held to interact with local business and industry people and strengthen public-private cooperation to improve economic vitality.
It was written. ``We have done our best to protect people's lives amid this unprecedented global complex crisis,'' Yun said. Immediately after taking office, the Emergency Economic and People's Welfare Council was established and directly dealt with crisis response and people's livelihood issues.
He explained that he was involved. Regarding fiscal policy, he said, ``There is a temptation to expand fiscal policy ahead of the general election, but if the government spends too much money, it will become difficult for private sector and market-driven investment.''
I picked it up. There were concerns that rising interest rates on government bonds would affect corporate financing and investment. IMF President Kristalina Georgieva, who visited South Korea last week, emphasized the importance of securing fiscal space, and
He expressed his support for the national government's sound fiscal policy. Noting that the British weekly magazine The Economist ranked South Korea second in the economic performance of 35 OECD countries, he said, ``Despite the global complex crisis,
"This shows that the South Korean government's sound fiscal policy was appropriate." On the other hand, he also expressed caution about political ideology interfering with the economy. A source from the presidential office said, ``We will ensure that the economy runs fairly.
Therefore, it is necessary to prevent excessive ideology and politics from interfering with free market activities."
Mr. Yoon also sent out messages related to civil welfare. “Essential livelihoods
"We will reduce the cost burden and expand the financial supply for the common people," he promised. Entrepreneurs are encouraged to overcome the crisis and become a global leader, even in the face of harsh domestic and international economic conditions.
He urged them to work together in the spirit of "Team Korea." Choi Tae-won, chairman of SK Group and chairman of the Korean Chamber of Commerce and Industry, attended the meeting that day.
On his behalf, he expressed his gratitude to the current government for its macroeconomic risk management and promotion of economic policies centered on the private sector. Regarding the failure to attract the Busan Expo, he said, ``Although the result was disappointing, we were able to obtain a business opportunity in a new market.''
"I was able to expand my diverse network." Before lunch, Lee Jae-ha, chairman of the Daegu Chamber of Commerce and Industry, gave a toast saying, ``A company is a nation.''
After the meeting, Mr. Yoon said, ``In his toast, the president of the local chamber of commerce and industry said that companies are the nation, and I agree with him 200%, 300%, and empathize with him.''
is a place where capital and labor, technology and innovation come together to create value, and where we share the created value with each other to live our lives. Companies that are places where workers can live, not places where workers are exploited.
I think government support is the shortest way to help workers." This day's meeting included Choi Tae-Won, Chairman of the Korean Chamber of Commerce and Industry, the National Chamber of Commerce and Industry Presidents, the Seoul Chamber of Commerce and Industry Presidents, and others.
The meeting was attended by the presidents of chambers of commerce and industry from each ward in Seoul. From the government, Minister of Industry, Trade, and Resources Bang Mun-gyu and others, from the presidential office, Policy Director Lee Kwan-seop and Hwang Sang-moo,
Approximately 100 people attended, including civil society leader Hwang Sang-moo, economy leader Park Chun-seop, and industrial policy secretary Park Sung-taek.