President Lee Jae-myung said today (October 26) regarding the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which has faced strong opposition from farmers and fishers, that "while it may be frustrating, it is an inevitable task," adding, "for the good of the entire nation, we must see it through even if there is some criticism, so that we can move on to the next stage."

Presiding over a town hall meeting at the Cheong Wa Dae State Guest House titled "Dialogue with Farmers and Fishers: The President Will Personally Listen to the Opinions of Farmers and Fishers," President Lee said, "For the sake of the country as a whole, this cannot be avoided," adding, "Instead, if we move forward with it, we must focus on what supplementary measures to put in place."

His remarks drew attention as they virtually indicated his recognition that, from a long-term perspective, it would be difficult for the government not to pursue CPTPP accession.

President Lee stated, "There can certainly be positions calling against pursuing the CPTPP," but noted, "At a time when the world is moving toward trade liberalization, the government's concern is whether we can maintain our standing as a trading nation if we break away from that trend to protect [sectors like agriculture and fisheries], and whether that would be a desirable decision."

He then drew a comparison, saying, "Even between parents and children, differing opinions can lead to raised voices, but in the end, don't we have to make decisions with a broader view, looking at the future and the big picture? It seems the same for the country."

However, President Lee explained that accession to the CPTPP would not happen swiftly.

President Lee said, "It is far more likely that a final agreement will not be reached during my term," adding, "The negotiations take far too much time."

During the discussion, he also added, "Do not worry, as I will not seek a second term."

Furthermore, President Lee stressed that efforts must also be concentrated on supplementary policies for the agriculture and fisheries sectors that suffer damages.

President Lee noted, "We must increase direct financial support to farming households. A rural basic income is one such method," adding, "Raising public interest direct payment subsidies is also a clear task for the government. We will prepare this systematically."

President Lee emphasized the importance of such efforts, remarking that "there is considerable political debate and resistance [against direct support], with accusations of 'handouts'."

He also suggested that the government could consider imposing a levy on export industries that benefit from CPTPP accession.

Meanwhile, an attendee pointed out, "If Japanese seafood products are imported indiscriminately [following CPTPP accession], the foundation of the aquaculture industry will be shaken to its core."

In response, President Lee remarked, "Hearing about Japanese seafood takes my breath away. This is an issue of great public interest and represents a considerably large practical obstacle," noting that he wished to hear more opinions on such matters.

(Photo: Cheong Wa Dae Press Corps, Yonhap News)