Korea's rival political parties agree to pass key bills MondayUpdated: 2013-12-26 AM 6:29:01 (KST)
Could Korea's rival parties be ready to lay down their swords and pass a number of key bills that have been held up over bipartisan bickering in recent months?
Officials from the ruling Saenuri Party and main opposition Democratic Party met on Wednesday and agreed to pass next year's budget bill this coming Monday.
The 357.7 trillion won, or roughly 340 billion U.S. dollar budget plan for 2014, drawn up by the government in September, has been stuck in the legislature amid a deadlock between the ruling and main opposition parties over allegations that the National Intelligence Service tried to sway public opinion in favor of now President Park Geun-hye ahead of last year's presidential election.
To that end, the two parties also agreed on Wednesday to pass a bill on reforming the NIS.
Additional talks on the details are scheduled to run through Friday.
The Christmas Day agreement, however, does not resolve all the pending issues at the National Assembly.
The ruling and opposition parties remain at odds over a series of bills aimed at revitalizing the economy, which is suffering from sluggish growth.
President Park Geun-hye urged policymakers earlier this month to pass the legislation, saying it's needed in order to maintain the momentum of recovery seen among record-high exports this year.
Hwang Ji-hye, Arirang News.
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