Korea, the US and Japan had their first finance ministers meeting. One of the most important agenda items for us was about working together to stabilize the financial market. Today’s joint statement is welcomed by the Korean government. Are we witnessing disorderly moves in currency markets? In the case of the ONE or yen in the foreign exchange market, especially in the case of the One, there is excessive movement beyond the economic fundamentals. Let me ask you about some politics. A set back for President Yoon after the elections, some describing him as a lame duck president. How hard will it be for the government to press ahead with its economic agenda? It was a legislative election. Korea has a presidential system and the president still has three years in office. The results show similar number of seats for parties in the National Assembly. So it means more of a continuation of the status quo. As we’ve been doing, we will continue to push for our economic agenda.
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