Seoul:President Lee Jae Myung acknowledged the apprehensions of farmers and fishermen regarding South Korea's prospective entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). He assured efforts to prevent any unfair damage to these sectors.

According to Yonhap News Agency, President Lee made this commitment during a meeting with industry representatives from agriculture, fisheries, forestry, and livestock. The discussion aimed to address ongoing controversies, including the implications of CPTPP membership.

Earlier in the month, President Lee instructed the government not to pursue CPTPP membership within the year. He emphasized the need for thorough consultations with farmers and fishermen who oppose South Korea's entry into the trade bloc. While CPTPP membership could enhance South Korea's export capabilities, there are concerns about potential adverse effects on the agricultural and fisheries sectors due to market opening.

President Lee reassured stakeholders by stating, "I know that there are worries and concerns over CPTPP ... To be clear, there will be no cases of you sustaining unfair damage." He emphasized the importance of sufficient communication with farmers and fishermen in decision-making processes related to CPTPP entry.

The president described the agricultural and fisheries sectors as national strategic and security industries vital for survival. He underscored the importance of expanding global export markets for South Korea, highlighting that securing CPTPP membership is essential for advancing the nation's trade goals despite existing opposition.