By Xu Aiying and Yoon Sojung

President Moon Jae-in on Jan. 27 called Korea a "safe and stable partner and investment destination."

In a special address to the Davos Agenda 2021 of the World Economic Forum via videoconferencing, President Moon said that despite the pandemic, Korea has never resorted to a lockdown or border closure.

"I hope that the Korean New Deal will lay ground for global companies and venture start-ups to take on new challenges and become a catalyst for expanding cooperation in future industries," he said.

"Korea will host the second P4G (Partnering for Green Growth and the Global Goals 2030) Summit in May, through which we seek to spearhead international cooperation in overcoming the climate crisis."

"As COVID-19 becomes more prolonged, inequality is widening — a gap that we are witnessing both within countries, and between countries,” he said. "Equally as important as responding to the immediate COVID-19 outbreak and the economic crisis, is our commitment to pool our wisdom to fight against polarization and inequality in the post-COVID-19 era."

On Korea's COVID-19 situation, the president said, "Korea has entered the stage of overcoming this pandemic, and has set a goal for inclusive recovery and resurgence."

"As with all other countries, we will begin by carrying out vaccinations which will be the first step we take towards herd immunity," he added.

"Korea has entered into contracts with many pharmaceutical companies to secure a supply of various types of vaccines that will sufficiently cover our entire population. We have decided on free vaccinations for the country to uphold the cause of an inclusive recovery in our everyday lives."

The chief executive's speech was streamed via videoconferencing with other influential global figures attending the forum in Switzerland, which hosts the event every year.

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