Seoul: President Lee Jae Myung on Tuesday urged the National Assembly to speed up its procedures to legislate bills, saying that the government would have difficulty coping with the changing world order if such procedures are slow. Lee made the remarks at a Cabinet meeting, citing higher uncertainties in the world and heated competition among nations that could disrupt the traditional world order.

According to Yonhap News Agency, Lee emphasized the necessity for a wide range of bills that are critical to strengthening national competitiveness by supporting trade negotiations with foreign countries, advancing regulatory reform, and fostering drivers for broad transformation. He highlighted the importance of bipartisan cooperation on issues related to national interests, particularly foreign affairs, amid an increasingly volatile global environment and rapidly evolving artificial intelligence technologies.

Lee further noted the extreme global instability and intense competition among countries that are undermining international order. He stressed that under these circumstances, national unity and reform measures are essential. On Monday, the National Assembly established a special committee to handle legislation aimed at implementing South Korea's $350 billion investment pledges to the United States under a trade deal between the two nations.