[Hong Sa-hoon's Economic Show] Ahn Yu-hwa - Korea with minus investment, exports, and consumption. China, which is doing its best. Korea-China economic relationship reversed? KBS 231025 broadcast
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October 25, 2023 [Hong Sa-hoon's Economic Show] KBS 1Radio FM 97.3MHz Mon-Fri 16:05-16:54 Guest: Ahn Yu-hwa, Professor at Irvine University Last week, a trial was held at the Seoul Central District Court regarding the 7th block of the continental shelf south of Jeju Island. The plaintiff was a civic group called the Committee for Countermeasures for the Livelihood of the Common People, and the defendant was the Japanese government. They wanted 100 million won in compensation for intentionally delaying the development of Block 7 and to allow Korea to conduct independent exploration since Japan has no will. Of course, the Japanese government or embassy did not pay any attention to this trial. The expiration date of the Korea-Japan joint development agreement for Block 7 is approaching, but since the government is not budging, private civic groups are stepping in. At the trial last week, the judge originally planned to end the trial next month, but it is said that he decided to postpone the sentencing and send a petition to the Japanese embassy once again urging them to participate in the trial. It is actually difficult to expect the Japanese government to respond to a lawsuit filed by a private civic group while our government remains silent. However, we hope that these private efforts will be of some help in the international trial regarding the 7th mining area that may occur in the future. During yesterday's state audit, questions were asked about the 7th mining area measures, but the president of the Korea National Oil Corporation said that he would prepare well, and the Ministry of Foreign Affairs repeated the same empty words that joint development should be realized through a Korea-Japan agreement. #Ahn Yu-hwa #Hong Sa-hoon #Hong Sa-hoon's Economic Show
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