President Moon and OECD Secretary General Angel Gurria exchanged opinions on global economy and Korean economies, inclusive growth, digital platforms and protectionism on 26 last month; Gurria visited Korea for the 6th OECD World Forum held 27-29 November at Songdo ConventiA, Incheon. 

Moon emphasized on inclusive economy in connection with his policy ‘people-centered economy’ and Gurria said in response that the OECD Economic Outlook sees ongoing Korean economy positive as shown in 2.7% growth in the year 2018 with expected 2.8% next year and 2.9% following year. He said it is not bad at all though the US-China trade war is affecting the global economy. He added that Korea can bring forth the damages on the issue and can cooperate with the OECD. 

Moon said “Korean economy is built on free trade and I agree with you that the discouragement of free trade can cause slump. I think we are living in the age where quality of life is more important than economic growth and GDP yet the world doesn’t seem to recognize its value. So I hope the OECD take initiative to spread this value.”

Moon and Morrison talk on economy and global issues

President Moon and the Australian Prime Minister Scott John Morrison met on 17 last month and talked on economy, trade, defense industry cooperation and the issues on the Korean Peninsula and the world. 

Moon congratulated the inauguration of Mr. Morrison and praised highly of sharing the importance of peace, prosperity, security, democracy and human rights of the world since the diplomatic ties between the two countries in 1961.

Moon asked Morrison to have interest in Korean companies in terms of the New South Wales’ highway project and Morrison answered that Australia welcomes Korean investment. 

Moon pointed out 450,000 yearly visitors between the two countries with 20,000 working holidayers and showed his expectation for more exchange both at high level and private. Moon then showed his gratitude for Australia’s support on the inter-Korean summit and asked a continuous interest and support. Morrison wished a great success in response. 

The talks expanded to repatriation of mortal remains from the Korean War, Korea’s New Southern Policy and Australia’s India-Pacific Policy.