SME Community Welcomes Han Seong-sook's Appointment as Minister... Hopes for Focus on Digital Transformation

"The SME Community Will Also Lend Its Support"

The small and medium-sized business community has expressed its welcome regarding the appointment of Han Seong-sook as Minister of SMEs and Startups.

Korea Federation of SMEs Headquarters

On July 24, the Korea Federation of SMEs released a statement saying, "We congratulate and welcome Minister Han on her inauguration as the first Minister of SMEs and Startups in the Lee Jaemyung administration, following her confirmation by bipartisan agreement. We look forward to her leveraging the experience and knowledge she has accumulated in the IT industry, including at Naver, to focus on the AI-driven digital transformation of SMEs and small business owners."

The statement continued, "While global competition is intensifying in advanced manufacturing and AI, domestic small and medium-sized manufacturers are facing challenges such as labor shortages and declining productivity. We urge the Minister to make efforts to strengthen the competitiveness of AI-based small and medium-sized manufacturing."

The Korea Federation of SMEs added, "Because the policy targets of the Ministry of SMEs and Startups are complex and diverse, ranging from small business owners to medium-sized enterprises, we hope the Ministry will resolve numerous on-site difficulties?such as restoring livelihoods, tariff wars, labor shortages, and fair trade?through close communication with the SME community. The SME sector will also actively join forces with the Ministry of SMEs and Startups to help address the pressing challenges faced by SMEs and small business owners."

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