Economic cooperation between North and South Korea can expand the economy and create more jobs, the ROK ruling party’s new leader said on Tuesday, proposing a policy of “livelihood unification” that increases people’s “happiness” through inter-Korean reconciliation.

Four-term lawmaker Jung Chung-rae made the appeal in his first policy address since his election as chair of the Democratic Party (DP) last month, speaking during the National Assembly’s regular session.

“The key to the two Koreas holding hands again lies in economic cooperation,” he said in the speech, which party leaders traditionally use to lay out the ruling party’s legislative priorities.

Jung