Minister Kwon Chil-seung of the Ministry of SMEs and Startups, "Immediate Formation of 'New Government Preparation Team' for Government Transition"
Minister Kwon Chil-seung of the Ministry of SMEs and Startups (Photo by Yonhap News)
View original image[Asia Economy Reporter Ryu Tae-min] Kwon Chil-seung, Minister of SMEs and Startups, instructed on the 11th to immediately form and operate a "New Government Preparation Team" to ensure that all tasks necessary for the government transition are carried out smoothly.
At a key executive meeting that day, Minister Kwon said, "Once the Presidential Transition Committee is formed, we will report on major policy issues of the Ministry of SMEs and Startups and review future requirements, so thorough prior preparation is necessary," emphasizing this point.
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He added, "Since the new government is launching during a very critical time with the COVID-19 pandemic and the Ukraine situation, we must carefully manage all tasks required for the government transition, including the Presidential Transition Committee and confirmation hearings," and continued, "Please ensure that key issues such as compensation for losses to small business owners, payment of quarantine support funds, extension of loan maturities for small businesses and SMEs, and response to the Ukraine situation proceed without any setbacks."
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