Choi Sang-mok sends urgent letters to key finance ministers and international organizations

Deputy Prime Minister and Minister of Strategy and Finance Choi Sang-mok sent an urgent letter today (4th) to finance ministers, heads of international organizations, global credit rating agencies, financial institutions, and investors from major countries such as the United States, Japan, and China, the Ministry of Economy and Finance said.

In a letter, Deputy Prime Minister Choi said, "The emergency martial law and all measures issued were lifted after the National Assembly's request to lift martial law in accordance with the Constitution and related laws, and after deliberation by the State Council."

There was no separate comment on the process of issuing martial law.

"The confusion caused by non-economic factors is effectively controlled by a sound economic system," Deputy Prime Minister Choi said. "The rapid stabilization of financial and foreign exchange markets also proves that such economic turmoil will not be prolonged."

The government also said it plans to continue taking necessary measures to ensure that the international community's high credibility is maintained.