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Congratulatory Speech at the second Newsis Forum on Unification and Economy

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장수민
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2019-04-18
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Congratulatory Speech at the second Newsis Forum on Unification and Economy

9:00 a.m. on April 18, 2019 at the Conrad Hotel Seoul

Congratulatory Speech

By Unification Minister Kim Yeon Chul


1.
Distinguished guests, ladies and gentlemen,
It is good to see you all. I am Unification Minister Kim Yeon Chul.

I would like to extend my sincere congratulations to you on holding the second Newsis Forum on Unification and Economy.

Newsis is the largest independent news agency in Korea. It arranged this meaningful event to help prepare for a new era of peace and economy on the Korean Peninsula.

I would like to express my deep gratitude to President Kim Hyung-ki and the staff for their hard work.

My special thanks also go to the experts for participating in the presentations and discussions, and the distinguished guests for gracing the event.

 

2.
Distinguished guests, ladies and gentlemen,
Since its inauguration, the Moon Jae-in administration has consistently strived to establish lasting peace on the Korean Peninsula through improvement in inter-Korean relations.

In the process, it has focused on mutually reinforcing peace and economic development.

The common interests that South and North Korea and the US share are “peace” and “economy.”

US President Donald Trump has repeatedly emphasized the great economic potential of North Korea.

Last year, North Korean leader Kim Jong Un put an end to the “Byungjin line” the – parallel pursuit of nuclear weapons and economic development and the North has – since directed all its energy into economic development.

The ROK government is preparing for common prosperity for both South and North Korea through the New Economic Initiative for the Korean Peninsula.

So, if the two Koreas and the US work together, they can establish peace on the Korean Peninsula through economic cooperation and then further increase economic cooperation based on the peace, thereby creating a virtuous cycle of peace and economic development.

Inter-Korean economic cooperation does a great deal for the South Korean economy as well. Once cooperation with the North begins in earnest, the South’s economy will be revitalized through increased investment, job creation, and the realization of an economy of scale. The “Korean Discount” that has long hindered the South Korean economy will be completely eliminated.

Of course, if the South is to go forward into this future, it must overcome one obstacle after another. It also requires an exact blueprint to reduce trial and error.

To this end, the government has made the preparations step by step to realize the New Economic Initiative for the Korean Peninsula.

It will continue to do its best to open an era of peace and economy on the Korean Peninsula.

I expect that you will have extensive and in-depth discussions on this matter today.


3.
Distinguished guests, ladies and gentlemen,
Both US President Donald Trump and North Korean leader Kim Jong Un recently expressed trust in each other and their willingness to hold a third summit between the two countries.

On the occasion of the latest South Korea-US summit, the government resumed the peace process on the Korean Peninsula while working hard to resolve the North Korean nuclear issue. It will do everything it can for Washington and Pyeongyang to achieve substantial results based on the positions declared at their summit in Hanoi.

President Moon Jae-in proposed that the leaders of South and North Korea sit face-to-face and talk open-mindedly just as they did a year ago in creating the Panmunjeom Declaration.

If the fourth inter-Korean summit is held, it will be an important stepping stone toward ensuring that follow-up negotiations between Washington and Pyeongyang make progress and lead to an agreement.

The government will make the most of the hard-won, precious opportunity and do its best to build a new Korean Peninsula of peace, cooperation, prosperity, and coexistence that the Korean people have long dreamed of.

Once again, I congratulate you on holding the forum, and I hope that all of you here join us on the journey toward making a new history of the Korean Peninsula.

Thank you.