The Republic of Korean President Lee Jae-myung announced on September 25th (local time) that he would end the "Korea Discount" and usher in an era of "Korea Premium."

At the New York Stock Exchange, which has remained at the center of global capital markets through numerous crises, he declared that the Korean economy is ready to take a leap forward into the global market.

Our KOSPI is hitting new highs every day, fueled by high hopes and expectations for a new nation. Consumer sentiment is recovering, and various economic indicators are turning upward.

Fostering the capital market as a core platform for economic growth is a firm policy principle of our government. The most important principle in this process is to create a predictable capital market where global investors can invest with confidence.

Just as the New York Stock Exchange has enhanced investor convenience and strengthened consumer protection, we will focus our policy capabilities on improving accessibility for global investors and enhancing the reliability of our capital markets.

We will make every effort to ensure that global investors in our capital markets can enjoy the "Korea Premium" without worrying about the "Korea Discount," including by announcing a comprehensive roadmap for inclusion in the MSCI Developed Markets Index within the year.

Thanks for always reading folks 

Reporterd by 

김홍이/대표기자

Alexander Utt. /Foreign Freelancer Reporter