Finance Minister Kim Dong-yeon says the general global assessment is that South Korea is adequately responding to North Korea's nuclear risk.

Minister Kim is in Washington to attend the Group of 20 finance ministers conference.

Speaking to reporters on Friday, he cited his meetings with global credit rating agencies such as Moody's and Fitch as well as finance ministers of other countries, and said their prevailing view was the North Korea risk was being kept under control through global cooperation.

Kim said global credit appraisers generally believe the North Korea risk will not go as far as to seriously threaten the South Korean economy.

The minister said the Seoul government's growth objectives are the same as the forecast laid out by the International Monetary Fund.

He said the government will focus on achieving income-led, innovative and qualitative growth as well as even distribution of the fruit of economic growth.

Kim also expressed hope for economic ties with China to advance further. He added that he considers the extended currency swap deal with Beijing as separate from diplomatic and security issues.