Sakong Il, the previous Chairman for the Korea International Trade Association (KITA), will announce to return amid public criticism of the government’s revolving door politics. Sakong, a close aide to President Lee Myung-bak, said he will release the post on Feb. 22 by holding regular meetings.
“Over the past three years, I have made efforts to improve conditions in the trading environment, “Sakong said in a statement. “However, I do not want to seem reluctant to give up my position, and I want to go in a dignified way,” he said. “After resigning, I still want to contribute to the development of national economy and trade.”
Although he created the impression that he was voluntarily resigning, he seemed quite reluctant in releasing the post, according to industry insiders. A small trading company union released a story yesterday after the news clapped. “Please make the right decision to resign, and we support the outcome,” said the union.
Sakong’s resignation came a day later which openly expressed his beliefs that KITA, established for small companies and importers, has been used for government agencies for three years. The union also criticized KITA for siding with the government, not the industry, but with the United States, which will carry out earlier this year. “Among the 100,000 exporters and importers, including 60,000 members of KITA, some will benefit from the Korea-US FTA alliance” the organization stated. The union is that KITA is a private organization for trade, only three of the 16 former leaders. Others were previously ministers or aides to the president – including Sakong VIP.
However, according to KITA when operations began during 2009, the spread of global financial statements that it is seeking national exports has garnered some remarkable achievements during his tenure. Korea’s engineering advances to what it called a trade club of $ 1 trillion last year – making it the only ninth country to do so for one purpose. He is also involved in assisting the Seoul G20 Summit and ratifying the FTA KORUS. “I worked hard and I’m proud of my decision,” Sakong ended his statement.