Taiwan watching situation after North Korean leader's death: Ma
ROC Central News Agency
2011/12/19 21:55:12
Taipei, Dec. 19 (CNA) President Ma Ying-jeou said Monday the government will closely monitor developments on the Korean Peninsula and in East Asia following the death of North Korean leader Kim Jong Il, but he did not expect Kim's death to have a major impact on Taiwan.
Taiwan will keep in close contact with other countries concerned about developments in North Korea, Ma told a news conference after being briefed on the issue by his top National Security Council aide.
At the six-minute conference, Ma also said Taiwan's economy was not expected to be seriously affected by the news, though financial agencies would monitor the situation.
"Our economic development remains stable," he said.
Taiwan discovered earlier Monday, however, that it was still vulnerable to market volatility caused by major events, including Kim's death. The local stock exchange's benchmark index fell below its 10-year moving average on the news.
Asked about the falling stock market, Ma said Vice Premier Sean Chen would consider appropriate responses.
The president also did not anticipate that Kim's death would affect Taiwan-China relations, saying ties remained stable and exchanges between people on the two sides would continue.
"We are closely monitoring the situation, but have no plans to strengthen military readiness," the president said.
Ma also urged East Asian countries to help maintain security in the region.
The people of Taiwan do not have to "panic or worry" over the death of Kim, he added.
Pyongyang announced early Monday that Kim died on Dec. 17 at the age of 69. (By Elaine Hou) ENDITEM/ls
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