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.