Yoon: "Industry is Creating Economic Value through Science and Technology"

President Yoon Receives Reports from Ministry of Science and ICT, Emphasizes 'Science and Technology, Data Economy, and Nuclear Power' Again

[Image source=Yonhap News]

[Asia Economy Reporter Baek Kyunghwan] President Yoon Suk-yeol stated on the 28th, "Industry is about creating economic value based on science and technology." He emphasized the need to develop science and technology as well as future strategic technologies to support both the government and the private sector in generating economic value.

On the morning of the same day, President Yoon received a briefing on next year's science, technology, and digital policy directions from three agencies: the Ministry of Science and ICT, the Personal Information Protection Commission, and the Nuclear Safety and Security Commission at the Blue House State Guest House.

At this meeting, President Yoon evaluated industry as "fundamentally involving science and future strategic technologies that have sufficient economic value and plausibility, with the government taking the lead in their development, as well as playing a national role in science education and nurturing scientific talent for our future."

Regarding the work of the Personal Information Protection Commission, he instructed to focus on protecting individual privacy and firmly establishing legal rights over data while promoting the activation of the data economy. President Yoon also mentioned, "How to publicly utilize this for our economic development is an important issue."

Concerning the Nuclear Safety and Security Commission's work, he emphasized the importance of nuclear power. President Yoon said, "The use of fossil fuels must be gradually reduced due to carbon neutrality," adding, "Because of the Ukraine war, fossil fuel supply has been disrupted and prices have risen, so nuclear power must be effectively utilized." He further explained, "I believe today's national report and opinion exchange on safely protecting the public from radiation while effectively utilizing nuclear energy will be very beneficial and meaningful for our economy."

In the day's briefing, the Ministry of Science and ICT reported strategic technologies, future industries, talent development, and full digitalization across all daily sectors as policy goals for the new year. The detailed objectives are to realize a 'global science and technology powerhouse and a model digital nation.' Prior to this, President Yoon and attendees also celebrated the successful insertion of Korea's first lunar orbiter, 'Danuri,' into its mission orbit. Minister Lee Jong-ho of the Ministry of Science and ICT said, "Like Danuri taking its first step to the moon, science and technology will create unprecedented value in the world."

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