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SUN, 2014-12-21  KST

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President Park follows up on government's deregulation efforts
Updated: 2014-09-04 13:07:25 KST


Following up on the government's deregulation efforts, President Park impelled officials to actively carry through the reforms.
She urged the government and parliament to swiftly pass related bills so that Korea doesn't miss an opportunity to pull itself out from an economic slowdown.
The government said it has nearly completed four-fifths of the reforms from March, while about a dozen others await parliamentary approval.
For instance, a regulation that required employers to report to both the labor and justice ministries, about changes made to contracts with foreign employees was lifted, simplifying the hiring process.
Laws have been revised to allow food trucks to operate inside amusement parks, with hopes to offer more start-up opportunities, create jobs and diversify food culture.
The president, who post-poned the follow-up two weeks ago to give officials more time to complete the reforms, couldn't stress enough the need to achieve tangible results.

(Korean: YTN)
"Instead of vowing to do so many things, we should properly deregulate, even if it's just one regulation, so that people can actually feel the effects."
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For her deregulation drive to maintain its momentum and start unleashing growth, President Park called for incentives and penalties regarding reforms for public employees, and better cooperation between the central and local governments.
Choi You-sun, Arirang News.
KOGL : Korea Open Government License

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