President Moon Jae-in has reaffirmed his unwavering commitment to establish peace on the Korean Peninsula, coming at a time when the resumption of denuclearization talks with North Korea appears to be imminent.
"Talks between North Korea and the U.S. will restart soon, and the unchanging determination to build trust and peace between the leaders of the two Koreas and the U.S. will help move the peace process forward on the Korean Peninsula. Our administration will do everything we can to usher in a future of co-prosperity by establishing peace on the Peninsula and creating a "peace economy".
The remarks came during a meeting with his top aides on Monday.
President Moon is set to travel to New York next week to attend the UN General Assembly.
He says he will work to gather support and participation from the international community for such peace efforts.
Also, through his bilateral summit with U.S. President Donald Trump on the sidelines of that meeting, President Moon hopes to encourage dialogue between North Korea and the U.S.
He will also discuss ways to further advance Seoul-Washington ties.
Also addressing issues regarding the local economy President Moon says the Korean economy is headed in the right direction.
Citing recent employment figures, he pointed out that the country has added 450-thousand new jobs compared to a year ago, and the unemployment rate is at its lowest level yet.
"I believe this is an important accomplishment created by the government's aggressive employment and fiscal policies amid challenging circumstances, including the worsening of global economic uncertainties and restructuring in the manufacturing sector."
Significant progress is also being made in cushioning the Korean economy against the blow of Japan's economic retaliations, according to Moon.
He said the country has made significant strides in localizing the production of high-tech components and materials while boosting collaboration between small firms and big businesses.
He promised efforts to minimize the impact of Japan's export restrictions on domestic companies, and turn the crisis into an economic opportunity.
"President Moon attributed all the positive developments in the economy and the nuclear talks with North Korea to the administration's consistent policies. He says the government will continue to enforce them steadily to produce more concrete and promising results. Park Hee-jun, Arirang News."