중앙데일리

Culture Minister Resigns, President Kim Appoints Successor

Culture and Tourism Minister Park Jie-won Wednesday resigned his post, forced to give in to unfavorable public sentiment and calls for his dismissal within the ruling party for his involvement in the illegal Hanvit Bank loan scandal. President Kim appointed as his replacement Rep. Kim Han-gill, chief secretary to the president of the Millennium Democratic Party (MDP). "The president accepted Park's resignation to pave the way for him …

Sept 20,2000
President Kim Addresses Monday's Stock Market Crash

In the wake of Monday's stock market crash, President Kim set out Tuesday to dispel public anxiety about the nation's economy. "Liquidity is imperative for our economy. I will do my best to stabilize the stock market," President Kim Dae-jung said at a cabinet meeting at the Government Complex in Kwanghwamun, downtown Seoul. The president requested cabinet members to do the same, stressing that the economy needed their concerted efforts, sai…

Sept 19,2000
MDP Lawmakers Demand Resignation of Culture Minister Park

At a closed-door meeting of the Millenium Democratic Party(MDP) today, lawmakers deplored the political crisis that their party finds itself in and called for the resignation of Culture and Tourism Minister Park Jie-won, who has been implicated in the Hanvit Bank loan scandal. Rep. Cho Soon-hyung and others called for Minister Park's voluntary resignation saying, "We need to deal straightforwardly with the growing public suspicion if we are t…

Sept 19,2000
Kim Young-Sam Blasts Kim Dae-jung Administration from Manila

Kim Young-sam, former Korean president currently in Manila, has warned that the resurrected inter-Korean railway may serve a purpose other than facilitating economic exchange for North Korean troops. "North Korean forces will be able to cross over to the South via the Kyongui Line once it is completed," he said. "The Kim Dae-jung administration has lost its sense of direction in running state affairs." The former president, who is attending th…

Sept 19,2000
GNP Rejects MDP Proposal to Hold High-Level Talks

The opposition Grand National Party (GNP) today flatly rejected the suggestion put forward by the ruling Millennium Democratic Party (MDP) yesterday that the two parties hold a meeting of senior officials to discuss ways to resolve the current political deadlock, saying, "We will not negotiate with the ruling camp until it agrees to introduce a special prosecutor for an impartial investigation into the Hanvit Bank loan scandal." GNP floor leade…

Sept 19,2000
Ruling and Opposition Parties to Hold High-Level Talks

In order to normalize operations of the National Assembly, which has been closed for about two weeks, the ruling Millenium Democratic Party (MDP) decided today to hold a senior level meeting with the opposition Grand National Party (GNP) and the United Liberal Democrats. The decision was made at a party workshop held at the Academy House in northern Seoul. The proposed meeting will comprise of floor leaders from the three major political parti…

Sept 18,2000
Seoul and Washington to Strengthen Military Alliance at SCM

South Korea and the United States are expected to discuss changes occurring on the Korean Peninsula following the historic summit in Pyongyang at the upcoming Security Consultative Meeting (SCM) this week, the Ministry of Defense said on Monday. "U.S. Defense Secretary William Cohen will arrive on Tuesday to attend the 32nd SCM in Seoul, " a ministry official said. Both sides are expected to share understanding for a stronger South Korea-U.…

Sept 18,2000
Senior Officials Meet to Prepare for ASEM meeting

Senior officals from 26 member countries of the Asia-Europe Meeting (ASEM) will meet on Sept. 18-20 in Seoul to prepare for the third ASEM meeting slated for next month, officials said on Sunday. "Some 150 people will gather for the ASEM Senior Officials' Meeting on Monday to discuss the agenda of the third ASEM that is to take place Oct. 20-21 in Seoul," a Foreign Affairs-Trade Ministry official said. They are also expected to discuss the …

Sept 17,2000
Opposition Makes Demands Regarding Hanvit Scandal

The opposition Grand National Party (GNP) reconfirmed its position Sunday that both a special prosecutor and a parliamentary investigation are needed to thoroughly dispel lingering public suspicions over the Hanvit Bank illegal loan scandal. Kwon Chul-hyeon, GNP spokesman, flatly rejected the ruling party offer that parliamentary investigation take place in lieu of special prosecution and reiterated his party's previous position. The GNP plans…

Sept 17,2000
Former President Blasts Kim Dae-jung's Food Aid Plan

Former President Kim Young-sam on Sept. 16 had harsh words for President Kim Dae-jung's plan to send food aid to North Korea. Speaking in a phone conversation with Grand National Party (GNP) leader Lee Hoi-chang, his remarks were reported to the press by GNP spokesman Kwon Chol-hyon. "He's out of his mind," Kim Young-sam was reported to have said. "Heavy rain is sweeping the whole of Pusan and South Kyongsang Province away. How can he even…

Sept 16,2000

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