Park Jin-gyu, Vice Minister of Industry, Urges "Performance, Cooperation, and Proactive Response"

"Past Policy Assets Must Lead to Real Industrial Achievements"
"Let's Become the Ministry of Industry Preparing for the Future... Work with Confidence"

Park Jin-gyu, Vice Minister of the Ministry of Trade, Industry and Energy [Photo by Yonhap News]

[Asia Economy Reporter Kwangho Lee] Park Jin-gyu, Vice Minister of the Ministry of Trade, Industry and Energy, said on the 12th, "The accumulated policy assets must translate into tangible industrial development achievements."

In his inaugural speech that day, Vice Minister Park stated, "A rapid and strong economic recovery is now the top priority." The inauguration ceremony was omitted considering the COVID-19 situation.

Vice Minister Park mentioned, "Policies for exports, a major pillar of our economy, should not only focus on key items such as automobiles and semiconductors but also extend to discovering and supporting promising small and medium-sized enterprises' products and cultural content," adding, "Efforts to diversify export markets must continue."

He continued, "The increase in exports of promising items and service industries should be accelerated, and efforts to advance exports considering the new era's economic structure and global order must not be neglected."

Vice Minister Park promised, "I will carefully manage the execution and outcomes of past measures so that they manifest in the industrial field and function as new driving forces for balanced regional development and exports."

He also expressed, "Future policies of the Ministry of Trade, Industry and Energy must be pursued based on the value of 'solidarity and cooperation.'"

To this end, he advised, "We must create a strong development model where small and medium-sized enterprises, mid-sized companies, large corporations, regions and the metropolitan area, and the private and public sectors grow together," adding, "Our ministry must work at the forefront of our economy with a broad perspective of the industrial ecosystem, linking policy tools from various ministries such as manufacturing innovation, talent development, infrastructure construction, regulatory improvement, finance, and standards, and enabling the private and public sectors to move as one."

Vice Minister Park concluded by emphasizing, "Let us become a ministry that prepares for the future."

He stated, "Carbon neutrality is now a global trend for future generations and is not a choice but a necessity," urging, "We must take proactive measures for an eco-friendly, low-carbon economy."

He also said, "Efforts must be made to ensure that the Korean New Deal policy to overcome the COVID crisis is supported and developed timely and appropriately."

Furthermore, he added, "We must become the ones who lead and advance change so that the Korean New Deal can complete the golden opportunity to become a world-leading country and progress into the global trend of the Green New Deal."

Vice Minister Park emphasized, "In the waves of change, our ministry must lead innovation," and stated, "The identity of the Ministry of Trade, Industry and Energy lies in the DNA of challenge and innovation that constantly adapts to the demands of the times."

He concluded, "I hope everyone works with the colorful pride and confidence unique to our ministry."

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