Lee says aware of farmers' concerns over CPTPP membership, vows to prevent unfair damage

President Lee Jae Myung has acknowledged concerns from farmers and fishermen about South Korea's potential entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). He has vowed to prevent any unfair damage to these groups, which are worried that membership could harm their industries. This pledge is significant because it addresses a major controversy surrounding CPTPP membership, which has been a point of contention for farmers and fishermen. The outcome of this situation will likely be closely watched by markets, particularly those that trade with South…

Why it matters

Korea's president has acknowledged concerns among farmers and fishermen over the country's potential entry into the CPTPP. This indicates that the president is aware of the potential impact on these groups and may take steps to address their concerns.

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