
Passed under the leadership of the Democratic Party without the participation of the People Power Party... A bill to extend the rural and fishing community win-win cooperation fund was also passed.
AI-generated summary
Discussions are underway on a bill to revamp the election system for the head of the National Agricultural Cooperative Federation and extend the creation period of the Rural Community Coexistence and Cooperation Fund.
The 'Rural and Fishing Village Win-Win Cooperation Fund Creation and Extension to 2037' bill was also processed.
(Seoul = Yonhap News) Reporter Jeong Yeon-sol = The amendment to the Agricultural Cooperatives Act (Nonghyup Act), which aims to introduce a direct election system for members for the chairman of the National Agricultural Cooperative Federation, passed the Agriculture, Food, Rural Affairs, Oceans and Fisheries Committee of the National Assembly on the 11th.
On this day, the Agricultural and Fisheries Committee held a general meeting without the People Power Party and passed the amendment to the Agricultural Cooperative Act led by the Democratic Party of Korea.
The main point of the bill is to introduce a 'direct member direct system' in which the chairman of the National Agricultural Cooperative Federation is directly elected by all union members, not the union president, and to strengthen external supervision by establishing an independent audit organization separate from the federation.
When the direct election system for union members is introduced, the number of voters will increase from the existing 1,110 (electors) to approximately 1.87 million (union members).
The Democratic Party believes that the democracy of the organization can be strengthened through a direct election system and transparency can be strengthened through the establishment of an independent audit organization.
Members of the People Power Party's Agricultural and Marine Affairs Committee held a press conference at the National Assembly on this day and criticized, "There will be damage to farmers, including a huge cost burden due to changes to the election system, controversy over unconstitutionality, and passing on litigation costs," and "President Lee Jae-myung and the Democratic Party are responsible for all side effects."
Meanwhile, at the meeting on this day, the Agriculture, Fisheries and Oceans Committee also passed next year's budget plan for the four relevant agencies, including the Ministry of Oceans and Fisheries, as well as an amendment to the Free Trade Agreement (FTA) Agriculture and Fisheries Act, which extends the creation period of the Rural Coexistence Cooperation Fund until 2037 and raises the target amount to 2 trillion won.
However, the budget plan of the Ministry of Agriculture, Food and Rural Affairs was transferred to the Budget and Accounts Special Committee according to the government's original plan due to a breakdown in the previous budget subcommittee due to conflict between the ruling and opposition parties over the integration of agricultural development funds.
AI outlook — possibilities, not facts
The Budget and Settlement Special Committee reviews the budget of the Ministry of Agriculture, Food and Rural Affairs.
Very likely · Within days

The 'Administrative Capital Special Bill', which completes Sejong City as the administrative capital, was submitted to the National Land Bill Review Subcommittee of the National Assembly and completed its construction review. The opposition party pointed out the national consensus and the possibility of unconstitutionality, while the ruling party argued for the possibility of a change in the Constitutional Court's judgment.

Cho Yong-beom, Vice Minister of Planning and Budget, announced at the National Assembly Budget and Accounts Committee on the 11th that it is currently impossible to predict when the future response fund worth 162 trillion won will be depleted. Regarding the Ministry of Planning's forecast of 'no additional tax revenue after 2029', it was refuted that it was based on a conservative tax revenue estimate.

The amendment to the Agricultural Cooperatives Act, which calls for the chairman of the National Agricultural Cooperative Federation to be directly elected by all 1.87 million members and establishes an independent audit organization, passed the plenary session of the National Assembly's Agricultural and Marine Affairs Committee. It will be applied from the next presidential election in 2028.

The Democratic Party of Korea's Special Committee on Relationship Sexual Crimes held a meeting on the 11th to review the status of the government's response to eradicate relationship crimes such as dating, domestic violence, and stalking, and discussed ways to strengthen victim protection and support.

A joint consultative body composed of nine resident groups in Gimpo City issued a statement urging the government to prevent disruption to the existing Gimpo Hangang District 2 project and prepare transportation measures in relation to the government's plan to create new housing sites in Gochon-eup.

Taiwan's Presidential Office announced on the 11th that it had appointed Acer Group founder and honorary chairman Shi Zhenrong as Taiwan's representative at the APEC Summit to be held in Shenzhen, China on the 18th and 19th. Shi Zhenrong's attendance as an APEC representative is the first in 19 years since 2007.