The endgame is peaceful reunification of the Korean peninsula.

Including myself, the majority of the Korean people believe in this staunch alliance between Korea and the United States and all of us hope that our traditional alliance will be further strengthened in the future.

Fiscal crises often turn into financial crises, dealing a blow to the real economy.

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.

Korea is an open society and we will make sure that there is no restriction on foreign investment in Korea.

If we are to assume that North Korea becomes a nuclear-power state, of course the danger of having an all-out nuclear war, that possibility is very slim.