Urgent.News

What's breaking now, across thousands of outlets.

World

Lee says aware of farmers' concerns over CPTPP membership, vows to prevent unfair damage

President Lee Jae Myung on Monday acknowledged concerns among farmers and fishermen over Korea's potential entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), ensuring he will make efforts to prevent any unfair damage to them. The president made the pledge during a meeting with representatives from the agricultural, fisheries, forestry and livestock…

Lee says aware of farmers' concerns over CPTPP membership, vows to prevent unfair damage

President Lee Jae Myung assured farmers and fishermen on Monday that the Korean government will take measures to avoid any unfair consequences for them if Korea joins the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). He made this commitment during a meeting with representatives from various sectors, including agriculture, fisheries, forestry, and livestock industries, as he aimed to resolve issues surrounding the sectors and CPTPP membership.

Earlier in the month, Lee directed the government not to apply for CPTPP membership this year, promising to engage in adequate consultations with farmers and fishermen who oppose Korea's participation in the significant Indo-Pacific trade alliance. Although CPTPP membership is anticipated to enhance Korea's exports, the agricultural and fisheries sectors are anticipated to suffer from market liberalization.

"I am aware that there are worries and concerns over CPTPP," the president stated, emphasizing that there will be no instances of unfair damage to these communities. He further explained that he had directed officials to make decisions regarding CPTPP entry through a thorough consultation process.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 2 other outlets

Read the original at koreatimes.co.kr →

More in World

More from Monday 26 October →