Jo Juhyun, Vice Minister of SMEs and Startups, Promotes Korea's SME and Venture Policies at OECD

OECD SME Ministers Meeting
Meeting with Costa Rica Minister of Economy, Industry and Trade
Request for Support to Host Busan World Expo

Cho Ju-hyun, Vice Minister of the Ministry of SMEs and Startups, continued to introduce Korea's SME policies on the second day of the OECD Ministerial Meeting on SMEs and Entrepreneurship. After holding a bilateral meeting with the Minister of Economy of Costa Rica, he also requested support for hosting the 2030 Busan World Expo.

The meeting was held on the 28th (local time) in Paris, France. Vice Minister Cho emphasized the need for green transition policies to continue for SMEs at the 2nd plenary session themed “Promoting Green and Digital Transition of SMEs and Startups.” He introduced Korea’s green transition support projects such as the carbon emission certification system and carbon-neutral smart factories. He also participated as the Lead Speaker in the breakout session on “Startup and Scale-up Policies for Creating Opportunities.” Vice Minister Cho shared the growth experience of Startup Korea and the Korean startup ecosystem, which are key policy directions this year, including the “Super-gap 1,000+ Project.”

At the 3rd plenary session, under the theme “Responding to Changes in the Global Trade and Investment Environment for SMEs,” he promoted export drive policies such as “diversification of export markets” and “export transformation of domestic companies,” and presented the “Udeumji Farm” case, a successful government policy example from the UAE summit diplomacy in January. Meanwhile, on the 29th, he held a bilateral meeting with Francisco Gamboa, Minister of Economy, Industry and Commerce of Costa Rica, a participating country in the meeting. They discussed ways to expand the entry of Korean SMEs into Latin America and actively requested support for Korea’s bid to host the 2030 Busan World Expo.

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