The Korea Times
Cheong Wa Dae said Sunday it will maintain its emergency response system amid persisting tensions in the Middle East, with the United States and Iran having failed to reach an agreement in their high-level peace talks over the weekend. Kim Yong-beom, presidential chief of staff for policy, presided over an emergency economic review meeting Sunday with relevant ministries to coordinate responses to the Middle East crisis. Participants agreed that there remains a great deal of uncertainty surrounding the South Korean economy, considering the results of the first round of the U.S.-Iran talks and the state of international affairs, according to vice presidential spokesperson Jeon Eun-soo. Even if the U.S. and Iran eventually reach an agreement to end the conflict, it will still take a significant amount of time for international oil transportation to normalize and Middle East energy production facilities to be restored, Jeon added. "Until there is a definitive declaration of the end of the conflict, the government will strictly maintain its current emergency response system," Jeon said. "Pre
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