Difficulties Faced by Namdaemun Market Merchants After COVID-19 Crisis... President Moon Holds Lunch with Merchants to Hear Their Concerns

[Asia Economy Reporter Ryu Jeong-min] President Moon Jae-in visited Namdaemun Market in Seoul on the morning of the 12th to comfort merchants struggling due to the COVID-19 situation.


President Moon comforted the merchants while touring the market stores. He purchased products sold by merchants such as fish cakes, rice cakes, and Korean ginseng using Onnuri gift certificates. President Moon had lunch with seven merchant representatives at a nearby restaurant and listened to their difficulties.


[Image source=Yonhap News]

[Image source=Yonhap News]

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Namdaemun Market, a traditional market representing Korea, is adjacent to tourist attractions such as Namdaemun (Sungnyemun), Namsan Tower, and Myeongdong, attracting about 4 million foreign tourists annually. However, the number of foreign tourists has sharply declined recently due to the COVID-19 situation.


President Moon stated that thorough quarantine measures would be implemented so that local residents and tourists can visit the traditional market comfortably, and that all available resources, including financial and tax support, would be mobilized to prepare countermeasures for self-employed business owners.


President Moon’s visit to Namdaemun Market reflects his determination to make the best efforts to prevent the livelihood economy from shrinking due to the COVID-19 situation. The event was attended not only by the CEO of Namdaemun Market, the president of the merchants’ association, and other merchant representatives but also by Park Young-sun, Minister of SMEs and Startups.



A Blue House official said regarding the significance of the visit to Namdaemun Market, "It signifies that the government will take full responsibility for all anxieties through a total response, allowing the people to feel at ease and focus on their daily economic activities."


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

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