The Democratic Party of Korea held a budget policy meeting on October 2 in Ulsan and Busan, focusing on budget discussions for various issues, including the transition to artificial intelligence (AX) and the development of the Arctic route.
First, the party visited Ulsan City Hall, where they promised bipartisan cooperation on the AX transition, as requested by Ulsan Mayor Kim Sang-wook.
Mayor Kim stated, "We are preparing to lead the AX transition in the industrial sector. Additionally, we have set a direction for Ulsan to become a city of citizen sovereignty and an energy hub in Northeast Asia. I ask for your special attention to ensure Ulsan leads in AX development."
In response, Kim Min-seok, the party leader, said, "Under Mayor Kim's leadership, Ulsan is presenting concrete plans to become a leading city in AX. Supporting this with the budget is the party's responsibility. We will back Mayor Kim's administration to ensure its success."
Floor Leader Han Byeong-do added, "Ulsan has been the industrial capital driving South Korea's economy and is now preparing for another leap through the combination of manufacturing and artificial intelligence (AI). We will support Ulsan's advancement with budget and policy measures."
Following the meeting in Ulsan, the party leadership, including Kim Min-seok, visited Busan City Hall to focus on discussions regarding the Arctic route with Mayor Jeon Jae-soo.
Mayor Jeon asserted, "The Arctic route, which will change the global maritime economic landscape, can only be opened by a prepared city like Busan. Busan is the world's second-largest transshipment port and has the necessary infrastructure for logistics and manufacturing behind the airport." He added, "If the Arctic route succeeds, South Korea can advance into a dual maritime capital region encompassing the Seoul metropolitan area, Busan, Ulsan, Pohang, and Yeosu."
In response, Kim Min-seok stated, "We will support all processes, including the success of next year's maritime conference, as Busan moves toward becoming a maritime capital and develops the Arctic route. We will take responsibility to ensure the success of Busan's administration."
Floor Leader Han also remarked, "Busan is the starting point for opening the Arctic route and will be a key hub in the southeastern region, combining ports, logistics, and AI to pioneer future maritime industries. Once the Ministry of Oceans and Fisheries relocates and the new airport in Gadeokdo is completed, Busan will leap forward as a maritime economic city integrating maritime finance, business, and AI."
* This article has been translated by AI.
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