Rival parties generally say that their encounter with President Moon Jae-in is a symbolic act, and that they will work together to fulfill the promises made in the meeting.
Ruling Democratic Party chief Lee Hae-chan said that the atmosphere of Thursday's talks was calm, and promising.
"We were able to come up with very meaningful results, such as announcing a joint statement by all five parties. I feel very relieved that the political parties came up with an agreement and are working together to counter this economic crisis the nation is facing right now.
Main opposition party chief Hwang Kyo-ahn, who held talks with President Moon for the first time since he took the post, said that he hopes the talks could be a symbol of hope for a change in the Moon administration's economic and diplomatic policies, and vowed that the main opposition bloc is ready to contribute to such changes.
However, he still stressed the necessity for a private session with the president, a request that was turned down by the Blue House in the past.
"In order for a more indepth, practical conversation to take place, I think the president needs to speak one on one with the largest opposition party, in order to discuss ways to develop the future of the country."
The minor opposition parties also evaluated the talks as a significant step in solving the nation's current challenges.
The Bareunmirae Party said that although the meeting might not have been satisfactory for all participants, it was a good opportunity to get negotiations started.
The Party for Democracy and Peace and the Justice Party also agreed that the meeting was meaningful, but it was not able to solve pending parliamentary issues such as a supplementary budget bill, as well as electoral and constitutional reform issues.
Kim Mok-yeon, Arirang News.