"Worked to Stabilize Raw Material Prices During the Middle East War"

The small business sector has expressed its support for the nomination of Han Seongsuk, Minister of SMEs and Startups, as the next Prime Minister candidate.

Han Sung-sook, Minister of SMEs and Startups, nominated as the new Prime Minister. Photo by Yonhap News.

Han Sung-sook, Minister of SMEs and Startups, nominated as the new Prime Minister. Photo by Yonhap News.

View original image

On June 7, the Korea Federation of Microenterprise released an official statement, saying, "Based on her professional insight, which led the growth of a leading domestic IT company, candidate Han focused on reorganizing SME and small business policies with a growth-oriented approach, holding over 150 on-site meetings." The statement added, "In particular, she has achieved notable results in fostering small businesses, including the introduction of a second vice minister, the 'Everyone’s Local Market' initiative, and the expansion of the Win-Win Payback program."


The Federation continued, "Her ability to bridge on-site and digital capabilities makes her an ideal candidate for the new Prime Minister, as an expert in the livelihood economy who can lead the era of AI transformation."


Additionally, the Federation stated, "Early in her tenure, candidate Han pledged to prioritize securing a safety net for small business owners, and she has delivered on that promise. In April, when the outbreak of war in the Middle East intensified the crisis for small businesses, she immediately visited our organization to review raw material supply measures and spearheaded swift responses to stabilize raw material prices. Through active communication with the small business sector, she has led the establishment of a social safety net and the transition to AI for small businesses."



The statement concluded, "We hope that Prime Minister candidate Han Seongsuk will provide warm support to small business owners facing an unprecedented crisis and help build a Korea where everyone grows together."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing