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Government picks out unnecessary regulations to be amended or abolished in coming months Updated: 2014-03-28 06:28:17 KST

Government picks out unnecessary regulations to be amended or abolished in coming months
The government is speeding up its deregulatory reforms.
Finance Minister Hyun Oh-seok presided over the first ministerial-level meeting on the matter Thursday to inspect, evaluate, and come up with follow-up measures to President Park Geun-hye's three-year economic innovation plan.
They started with the recommendations proposed during working-level talks held earlier this week, and pinpointed 52 regulations that could be improved, including one that would ultimately allow for the operation of food trucks.
Hyun said 41 of the regulations can be addressed immediately, with 27 of them to be amended in the first half of this year.

"Regulations that could be amended by administrative or in-house measures should be completed and ready to take effect by April. Regulations that require legislative amendments, let's get them done by the end of June."

For the operation of food trucks, the government will allow the remodeling of trucks with a loading capacity of at least 0.5-square-meters.
The food trucks will be able to do business in amusement and theme parks in the latter half of this year.
The ministry says it is working with the transport ministry to cut regulations on the tuning of automobiles as well, so long as it does not affect passenger safety.
The aim there is to promote the use of vehicles for leisure purposes such as camping cars and caravans and boost the country's auto components industry.

"A task force will also be launched to promote the country's service sector.
An estimated 200-thousand new jobs will be created through deregulation in the medical and education sectors alone.
Kim Ji-yeon, Arirang News."
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