Parties Agree on Revising Pres. Transition Act

Rival parties have reached an agreement on the need to allow the next president elected in an early election in May to run a transition team for 45 days.
 
The floor leaders of the Democratic Party, the Liberty Korea Party, the People’s Party, the Bareun Party and the Justice Party agreed to discuss a revision to presidential transition regulations.
 
Under the current law, the new president has no time to form and operate a transition committee since their term begins right upon election.
 
The floor leaders also agreed to adopt a resolution urging China to stop what appears to be retaliation over the deployment of the U.S. THAAD antimissile system in an extra parliamentary session in March.
 
The parties will select the members of a committee tasked with investigating the body of the sunken Sewol ferry in a plenary meeting on Tuesday morning. They will also seek to extend a compensation application period for families of the remaining missing victims.