The Ministry of SMEs and Startups is holding an emergency expanded executive meeting on COVID-19 at the Government Daejeon Complex on the 2nd.

The Ministry of SMEs and Startups is holding an emergency expanded executive meeting on COVID-19 at the Government Daejeon Complex on the 2nd.

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[Asia Economy Reporter Kim Daeseop] The Ministry of SMEs and Startups announced on the 2nd that it held an emergency expanded executive meeting in response to the novel coronavirus infection (COVID-19).


The meeting was held at the Government Daejeon Complex. Minister Park Young-sun of the Ministry of SMEs and Startups and headquarters executives attended, while heads of local offices and 11 public institution heads participated via video conference. Each department, local office, and affiliated organization shared and discussed the current status of COVID-19 response.


In her opening remarks, Minister Park encouraged the employees who have been working hard day after day in response to COVID-19. She also expressed gratitude to the staff at the mask sales site of the Happy Department Store in Mokdong, Seoul, operated by the affiliated Small and Medium Business Distribution Center, and to the citizens who maintained order.


Minister Park stated, "Our ministry is making all-out efforts in various fields to minimize the damage to small and medium enterprises, small business owners, and self-employed individuals suffering from COVID-19 and to revitalize the economy," adding, "We have contributed significantly to mask sales through public channels such as Public Home Shopping, the Small and Medium Business Distribution Center, and the Happy Department Store."


She also emphasized, "To directly hear voices from the field, we have been continuously visiting traditional markets as well as holding sector-specific meetings with cooperatives, startups, and small business owners."


The Ministry of SMEs and Startups is providing masks and other quarantine supplies to small business owners, traditional markets, and domestic SMEs entering the Chinese market, and is promoting campaigns for good mask manufacturers and hand sanitizer dissemination. It is also carrying out campaigns for good landlords and good franchises.


In particular, to resolve the biggest difficulty in the field, financial difficulties, following the new support of 250 billion KRW in policy funds on the 12th of last month, an additional 2.9 trillion KRW will be supported through changes in fund operation plans and supplementary budgets.


Minister Park urged employees to respond actively to COVID-19 with an extraordinary determination.


She emphasized, "It is necessary for all of us to unite as one and respond to COVID-19 with even greater determination," adding, "Please continuously check whether the policies being implemented have any issues in the field, and if there are problems, improve them immediately."



She continued, "There must be no margin of error or negligence in the execution of the established policies. COVID-19 can only be overcome by flawlessly performing each assigned role and through organic cooperation among the government, public sector, and private sector."


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

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