On the morning of the 23rd, Lee Nak-yeon, leader of the Democratic Party of Korea (center), Woo Sang-ho, a member of the National Assembly running in the Seoul mayoral by-election primary (right), and Park Young-sun, former Minister of SMEs and Startups (left), visited Namdaemun Market in Jung-gu, Seoul, where they ate fish cakes and listened to the merchants' difficulties. <br>[Image source=Yonhap News]

On the morning of the 23rd, Lee Nak-yeon, leader of the Democratic Party of Korea (center), Woo Sang-ho, a member of the National Assembly running in the Seoul mayoral by-election primary (right), and Park Young-sun, former Minister of SMEs and Startups (left), visited Namdaemun Market in Jung-gu, Seoul, where they ate fish cakes and listened to the merchants' difficulties.
[Image source=Yonhap News]

View original image


[Asia Economy Reporter Hanah Na] Lee Nak-yeon, leader of the Democratic Party of Korea, stated regarding the economic downturn due to the resurgence of COVID-19, "We will work closely with the government to ensure the active role of fiscal policy and help people's livelihoods flexibly and without delay."


After visiting Namdaemun Market today (23rd) and holding a meeting with merchants, Lee told reporters, "The third round of disaster relief funds is being distributed, but I painfully understand that it is not sufficient," adding, "While ensuring that quarantine measures proceed without disruption, we will do our best to alleviate the pain of self-employed and small business owners as quickly as possible."


On the same day, Lee introduced two party members who are running in the Seoul mayoral by-election primaries, Representative Woo Sang-ho and former Minister of SMEs and Startups Park Young-sun, saying, "Both have long held and prepared dreams of making Seoul a better city."


Representative Woo said, "Listening to the merchants and walking around the market was heart-wrenching," emphasizing, "The party's role is to wipe away the tears of those struggling and extend a hand to create hope."



Former Minister Park stated, "It was meaningful to see the progress of smart stores and digitalization of small business owners that were initiated at the Ministry of SMEs and Startups," adding, "We will accelerate the digitalization and online transition of traditional markets to transform Namdaemun Market into a globalized traditional market."


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