IPEF launched… President Yoon "I don't think it's reasonable to overreact to China"

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The Indo-Pacific Economic Framework was launched yesterday (23rd), led by the United States and in which we also participate.

President Yun Seok-yeol said in an interview with foreign media that our participation is in the national interest and that it is not reasonable for China to overreact.

Correspondent Park Won-kyung.

<Reporter>

In an interview with US CNN, President Yoon Seok-yeol said that China's backlash against South Korea's participation in the IPEF was not reasonable.

[President Seok-Yeol Yoon: I do not think it is reasonable for the Chinese side to be overly sensitive to this, because strengthening the alliance with the United States does not mean that they will neglect economic cooperation with China.

] It threw a rather straightforward message to China, which it sees as

We have taken a more decisive stance on the North Korean issue.

"The conciliatory policy of looking at North Korea has proved to be a failure as a result," said President Yoon.

Previously, President Yoon attended the IPEF inauguration summit via video yesterday, led by the United States, in which 13 countries including South Korea, Japan and Australia participated.

In the high-tech industries such as semiconductors and batteries, President Yoon promised that Korea would build a supply chain that is mutually beneficial with countries in the region.

On his way to work, he stated that the IPEF participation was in the national interest.

[President Seok-Yeol Yoon: This is the process of making a wide range of rules.

If we leave it out, the national interest will also suffer a lot.] It is

said that the decision was for the national interest, but as China, the largest trading partner, is opposed to participating in the IPEF, strengthening strategic communication with China is emerging as a task.