Government: "The Future Food Industry for the Next 30 Years Depends on the Service Sector... Urgent Passage of the Law Needed"

3rd '2nd Phase Service Industry Innovation TF Meeting' Held

[Asia Economy Reporter Jang Sehee] Lee Okwon, the 1st Vice Minister of the Ministry of Economy and Finance, stated on the 3rd that "the passage of the 'Framework Act on the Development of the Service Industry' (Seobalbeop), which serves as the institutional foundation for fundamental changes in the service industry, systematic fostering, and the creation of future generation food sources, is urgent in the regular National Assembly session." The Seobalbeop, submitted during the 18th National Assembly, is currently pending in the standing committee of the National Assembly.

On the same day, Vice Minister Lee presided over the 2nd meeting of the '2nd Service Industry Innovation Task Force' at the Government Seoul Office, stating, "If manufacturing has been our food source for the past 30 years, the future food source for the next 30 years depends on the growth of the service industry and service convergence."

During the meeting, the progress made by the seven working groups within the service TF, through working group meetings, roundtable discussions, and research projects, was reviewed, and key tasks to be announced in the future were checked.

Vice Minister Lee said, "While major countries are fostering high value-added service industries through convergence and innovation within and between industries in the process of economic servicization, our service productivity remains at a low level."

Meanwhile, the key tasks discussed on the day will be sequentially announced through the Central Disaster and Safety Countermeasures Headquarters for the Emergency Economy (Economic Central Disaster Headquarters) after additional supplementation.

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