Choi Sang-mok - 6 Economic Groups Meeting...Request for normal investment, export, and employment

Deputy Prime Minister and Minister of Strategy and Finance Choi Sang-mok met with representatives of six economic organizations at the Korea Chamber of Commerce and Industry in Seoul today and urged them to push for investment, exports and hiring normally to reduce economic uncertainty amid the impeachment.

Deputy Prime Minister Choi met with the head of six economic organizations again in 12 days following the 4th, two days after the emergency martial law.

The Ministry of Economy and Finance said representatives of economic organizations emphasized the importance of minimizing state administration gaps, maintaining stability and continuity of policies.

Kim Ki-moon, chairman of the Korea Federation of Small and Medium Business, urged the government to create an atmosphere for year-end gatherings and noted that economic organizations need to participate when a three-way consultative body between the ruling, opposition, and government is launched.

Park Il-joon, vice chairman of the Korea Chamber of Commerce and Industry, said, "We need to prepare active policy responses for each economic scenario," adding, "We also need to legislate major economic bills, including the delayed Special Act on Semiconductors, within this year."

Kim Chang-beom, full-time vice chairman of the Korea Federation of Business, said, "We need to stabilize the foreign exchange market by preventing the psychological contraction of foreign investors and supplying liquidity," adding, "We need to maintain new growth industrial engines and quickly come up with foreign investment incentives."