- CNTV English - CCTV News

S Korea's Lee urges stable labor-management relations

05-30-2011 10:22 BJT

SEOUL, May 30 (Xinhua) -- South Korean President Lee Myung-bak on Monday voiced opposition to what he views as "unlawful" strikes, calling for more harmonious labor-management relations.

Criticizing a recent strike at Yoosung Enterprise, a local auto parts maker, for having threatened to paralyze the entire auto industry, the president, an ex-CEO, said in a biweekly radio speech that such "illegal" strikes will "never be tolerated."

The government will "sternly" deal with unjustifiable strikes" as well as unjust business practices that infringe on the rights and interests of workers," the president said.

The International Institute for Management Development of Switzerland ranked South Korea 53rd among 59 countries in labor- management competitiveness, Lee said, pointing out confrontational labor-management relations have driven away foreign investors.

"If labor-management relations pursuing mutual benefits take firm root, it would improve productivity and help revitalize investments by domestic businesses, even if labor costs remain somewhat high," Lee said in the address.

On its part, the government will strive to improve life of workers along with corporate growth, the president said.

"We have to establish a win-win economic structure where collaboration between labor and management leads to an increase in productivity, which, in turn, encourages increased investments that create more jobs," Lee said. "The government will make sure that laws and principles will be impartially applied to labor and management while respecting their autonomy as much as possible."


Editor:Du Xiaodan |Source: Xinhua

Hot Videos view more

The celebrations are still continuing as the victorious coach, Joachim Loew, has been honored for his achievement in his hometown of Freiburg.
Germany coach Loew honored in hometown of Freiburg

Chinese men´s national team continued its preparations for next year´s Asian Cup, as they managed a one-all draw against visitors Jordan during a football friendly in Harbin, the capital city of Northeast China´s Heilongjiang Province.
China held to 1-1 draw by Jordan

The defending world champs came into the contest with a perfect 6-and-oh record, but they would be in for a tough first half before opening things up in the second.
USA beat Slovenia 119-76 in quarter-finals

Hot Stories more

UK authorities believe killer of James Foley is a British national

Across the UK the hunt is on for James Foley’s killer, who authorities believe is a British national. As Richard Bestic reports from London, Prime Minister David Cameron cut short his summer break to lead his government’s response.

Israeli war jets renews Gaza strike as truce talks stalled

Three Palestinians were killed and 40 others wounded in the intensive Israeli war jets´ airstrikes on the Gaza city on Tuesday night, shortly before an end of a 24-hour ceasefire in the Gaza Strip,

Missouri police arrest dozens after violent night

As the protests in the town of Ferguson, Missouri turned violent with police facing ´heavy gunfire´ from some ´criminal elements´, cops fired tear gas, stun grenades and arrested 31 demonstrators on Monday night.

Picture in news more

More Video News

Choose TV Program