Korean Economic Stability Stressed at ASEAN+3 Forum

Deputy Prime Minister and Minister of Economy and Finance Choi Sang-mok highlighted Korea's economic resilience during a recent ASEAN+3 Economic Cooperation and Financial Stability Forum. Choi's remarks came in the wake of the impeachment motion against President Yoon Suk Yeol, emphasizing the stability of Korea's economic system despite political uncertainties.

Choi stated, "Recently, the uncertainty related to Korea's political situation has been resolved," and assured that "Korea's economic system and emergency response system are operating stably." He also met with Li Kouqing, director of the ASEAN+3 Macroeconomic Research Office (AMRO), reiterating Korea's solid economic fundamentals and robust external soundness.

In a separate meeting, Choi convened key financial officials to discuss rapid implementation of major economic policies. He emphasized maintaining external credibility and strengthening foreign investment incentives, while monitoring financial and foreign exchange markets for ongoing internal and external uncertainties.