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Fortunately, when Korea was struck by the 1997/8 financial crisis, that was a good opportunity for us to engage in fundamental reforms and strengthen our financial structure. As a result, our financial regulatory structure and regime have been very much strengthened. ↗
Yes, I don't believe that the inter-Korean relationship has, quote, 'deteriorated' since I assumed office. Rather I believe that the relationship between the two Koreas is entering into a new phase - a time of transition. And so I think that the North Koreans are trying to see what they can build with this, with my new administration. ↗
As the BBC approaches the final phase of decisions about its future, it will be important for those involved to be established in post and ready to take responsibility for implementation of the outcome. ↗
