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Parties agree to hold plenary Assembly session Dec. 27 to handle key bills

Politics 14:16 December 17, 2018

SEOUL, Dec. 17 (Yonhap) -- Leading political parties agreed Monday to hold a plenary session of the National Assembly on Dec. 27 to deal with pending bills related to public livelihoods.

The agreement was reached at a meeting of floor leaders of the ruling Democratic Party, main opposition Liberty Korea Party and minor opposition Bareunmirae Party.

Deputy floor leaders of the three parties will hold additional negotiations to iron out differences on key issues, such as parliamentary probe into employment inheritance at public corporations, three kindergarten-related legislations and the delay of another minimum wage increase, the floor leaders said after their gathering.

In case of the minimum wage issue, the rival parties agreed to establish a joint consultative body with the government to discuss measures to respond to the side effects of rapid wage increases, they said.

Floor leaders of three major parties meet at the National Assembly in Seoul on Dec. 17, 2018. (Yonhap)

The nation's minimum wage is set to increase from 7,530 won per hour this year to 8,350 won next year under the Moon Jae-in government's income-led growth policy, prompting some economists to warn about further reduction of jobs in almost all industries.

Earlier in the day, President Moon said at a meeting with economy-related ministers that the government will map out supplementary measures for its minimum wage policy, if necessary.

"The Liberty Korea Party proposed delaying next year's additional hike of minimum wage by six months to July 1 and rival parties agreed to discuss the issue at a working-level gathering of parties and the government," Kim Kwan-young, floor leader of the Bareunmirae Party, said.


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