1
00:00:00,040 --> 00:00:04,320
Speaker 1: Peter lewis our Asia Business correspondents with US now at Peter, Hello, Hello,

2
00:00:04,480 --> 00:00:06,760
Speaker 1: So where are we with the impeachment proceedings.

3
00:00:07,760 --> 00:00:11,119
Speaker 2: Well, the votes was due to be tomorrow, but right

4
00:00:11,160 --> 00:00:14,560
Speaker 2: now there is a meeting going on between the leaders

5
00:00:14,600 --> 00:00:19,400
Speaker 2: of President Eun's People's Power Party and the presidents himself.

6
00:00:19,440 --> 00:00:23,440
Speaker 2: It looks like the leader of the president's own party

7
00:00:23,840 --> 00:00:26,040
Speaker 2: is going to vote for him to be impeached or

8
00:00:26,079 --> 00:00:29,040
Speaker 2: he can't himself, but is calling for his own MPs

9
00:00:29,800 --> 00:00:32,800
Speaker 2: to actually vote for the impeachment because he says there

10
00:00:32,840 --> 00:00:36,680
Speaker 2: is a risk that President Yun could try and impose

11
00:00:36,760 --> 00:00:41,720
Speaker 2: martial law again. Now, the deputy Defense Minister who's taken

12
00:00:41,760 --> 00:00:45,840
Speaker 2: over since the Defense Minister himself resigned, denies that's true.

13
00:00:46,640 --> 00:00:50,160
Speaker 2: But the leader of the ruling president's party is saying

14
00:00:50,200 --> 00:00:55,360
Speaker 2: he had evidence that President Yun planned to arrest and

15
00:00:55,480 --> 00:01:01,040
Speaker 2: detain MPs on the floor of the Assembly on Tuesday night,

16
00:01:01,640 --> 00:01:03,920
Speaker 2: and he says there's a real risk that this could

17
00:01:03,920 --> 00:01:06,760
Speaker 2: happen again. And this is a president who absolutely needs

18
00:01:06,800 --> 00:01:10,840
Speaker 2: to be removed from power soon to protect democracy in

19
00:01:10,880 --> 00:01:16,920
Speaker 2: South Korea. To win the impeachment vote, the opposition parties

20
00:01:16,959 --> 00:01:19,360
Speaker 2: don't have enough votes on their own. They need eight

21
00:01:20,120 --> 00:01:24,880
Speaker 2: members of the governing party to cross the floor and

22
00:01:24,959 --> 00:01:27,560
Speaker 2: vote with them, and it was thought originally that they

23
00:01:27,600 --> 00:01:29,440
Speaker 2: wouldn't be able to get them to do that. But

24
00:01:29,600 --> 00:01:34,240
Speaker 2: now after this intervention from the head of the ruling party,

25
00:01:34,560 --> 00:01:39,480
Speaker 2: it seems much more likely that the impeachment vote will succeed,

26
00:01:39,880 --> 00:01:41,880
Speaker 2: and I think if it doesn't, we could well see

27
00:01:41,920 --> 00:01:45,759
Speaker 2: protests and demonstrators out on the streets over the weekend.

28
00:01:46,080 --> 00:01:48,440
Speaker 1: How on earth would he have justified this move to himself,

29
00:01:48,480 --> 00:01:51,720
Speaker 1: because it looks I mean, it's such an outlandish thing

30
00:01:51,760 --> 00:01:52,040
Speaker 1: to do.

31
00:01:53,240 --> 00:01:56,560
Speaker 2: It is, and it's hard to imagine what he was

32
00:01:56,640 --> 00:01:59,280
Speaker 2: thinking at the time. I mean, this is a president

33
00:01:59,320 --> 00:02:03,600
Speaker 2: who is deeply unpopular. He only just scraped into power

34
00:02:04,280 --> 00:02:07,840
Speaker 2: in the general election he won by about three quarters

35
00:02:07,880 --> 00:02:12,480
Speaker 2: of one percent of the votes. He's a lameddut president.

36
00:02:12,560 --> 00:02:17,440
Speaker 2: He can't rule because the opposition parties control Parliament, so

37
00:02:18,160 --> 00:02:22,040
Speaker 2: many of his measures failed to get through, and he

38
00:02:22,120 --> 00:02:26,000
Speaker 2: in turn vetoes any measures proposed by the opposition party.

39
00:02:26,880 --> 00:02:29,040
Speaker 2: So if there were to be a general election again,

40
00:02:29,080 --> 00:02:32,880
Speaker 2: it's quite possible that he would be voted voted out.

41
00:02:33,200 --> 00:02:36,320
Speaker 2: The only thing I can think maybe was going through

42
00:02:36,320 --> 00:02:39,799
Speaker 2: his mind was he must have known that MPs could

43
00:02:40,000 --> 00:02:43,680
Speaker 2: overturn the impeachments, so maybe he thought he could gain

44
00:02:43,760 --> 00:02:48,560
Speaker 2: control of Parliament and stop MP's voting. And we've heard

45
00:02:48,600 --> 00:02:52,440
Speaker 2: that the head of the Defense Forces that were sent

46
00:02:52,520 --> 00:02:56,480
Speaker 2: to Parliament along with his troops only learned about the

47
00:02:56,600 --> 00:03:01,000
Speaker 2: martial law declaration on television and when he got to

48
00:03:01,080 --> 00:03:05,880
Speaker 2: the floor of Parliament he refused to arrest MPs on

49
00:03:05,919 --> 00:03:09,080
Speaker 2: the floor. So it could be the President yun thought

50
00:03:09,919 --> 00:03:14,120
Speaker 2: that the Defense Minister and troops will be able to

51
00:03:14,160 --> 00:03:18,240
Speaker 2: stop any sort of vote to overturn this. But that failed,

52
00:03:18,520 --> 00:03:23,000
Speaker 2: but clearly a totally botched attempt, and the rest of

53
00:03:23,040 --> 00:03:24,919
Speaker 2: the world in turn looks on a ghast. I mean,

54
00:03:24,919 --> 00:03:27,880
Speaker 2: we had martial law in effects for six hours, maybe

55
00:03:27,919 --> 00:03:31,600
Speaker 2: the shortest period of martial law in history. But nevertheless,

56
00:03:31,840 --> 00:03:34,800
Speaker 2: it looks totally chaotic, not the sort of thing you

57
00:03:34,880 --> 00:03:37,560
Speaker 2: expect to see in a developed economy.

58
00:03:37,600 --> 00:03:40,040
Speaker 1: Near too, right, Hey, explain to me quickly, how is

59
00:03:40,080 --> 00:03:42,920
Speaker 1: the EU going to crack down on Timu and Shine.

60
00:03:43,840 --> 00:03:46,200
Speaker 2: Well, they're going to start cracking down first of all

61
00:03:46,280 --> 00:03:50,000
Speaker 2: on the exemptions that they get for these these small

62
00:03:50,640 --> 00:03:53,720
Speaker 2: packages that they're able to send over to the EU,

63
00:03:54,680 --> 00:03:57,760
Speaker 2: and this is how Timu and Shine in effect make

64
00:03:57,800 --> 00:04:02,320
Speaker 2: their money because they get around customs checks and various

65
00:04:02,720 --> 00:04:05,640
Speaker 2: taxes as they do in the US, by making sure

66
00:04:05,920 --> 00:04:08,920
Speaker 2: that the parcels are below a certain limits and therefore

67
00:04:09,400 --> 00:04:12,920
Speaker 2: they don't get inspected. That the EU says, this means

68
00:04:12,920 --> 00:04:16,120
Speaker 2: that a lot of things that are really banned in

69
00:04:16,160 --> 00:04:19,359
Speaker 2: the EU get through, things like dangerous toys, for example,

70
00:04:20,200 --> 00:04:22,560
Speaker 2: are shipped over because they're below this one hundred and

71
00:04:22,640 --> 00:04:26,839
Speaker 2: fifty euro threshold for customs duties. So I think what

72
00:04:26,880 --> 00:04:30,159
Speaker 2: they're going to do is lower that threshold and try

73
00:04:30,200 --> 00:04:33,559
Speaker 2: and make sure that they get caught in this tax

74
00:04:33,640 --> 00:04:36,520
Speaker 2: net to try and stop some of these some of

75
00:04:36,560 --> 00:04:39,920
Speaker 2: these shipments being made to the EU. Very similar process

76
00:04:39,920 --> 00:04:43,320
Speaker 2: to what the US is talking about doing as well

77
00:04:43,360 --> 00:04:44,560
Speaker 2: with Timu and Shine.

78
00:04:45,600 --> 00:04:48,520
Speaker 1: Very interesting stuff, I really really interesting. Crackdown on it, Peter, listen,

79
00:04:48,560 --> 00:04:50,240
Speaker 1: thank you very much and go well. I have a

80
00:04:50,240 --> 00:04:51,800
Speaker 1: good risk of the year and we'll check you again

81
00:04:51,839 --> 00:04:55,360
Speaker 1: in the new year. Well at some stage, look after yourself.

82
00:04:55,360 --> 00:04:57,880
Speaker 1: That's Peter Lewis, our Asia Business correspondent out of Hong Kong.

83
00:04:58,560 --> 00:05:01,560
Speaker 1: For more from hither Du see Allen Drive Listen live

84
00:05:01,640 --> 00:05:04,520
Speaker 1: to news Talks at B from four pm weekdays, or

85
00:05:04,560 --> 00:05:06,599
Speaker 1: follow the podcast on iHeartRadio