Economic Groups Welcome Han Seung-sook's Nomination as Prime Minister

By SHIN JIA Posted : June 8, 2026, 15:03 Updated : June 8, 2026, 15:03
Han Seung-sook, the Prime Minister nominee, holds the first meeting of her preparation team at the Financial Supervisory Service training center in Jongno, Seoul, on June 8. [Photo=Yonhap News]
The six major economic organizations in South Korea, including the Korea Chamber of Commerce and Industry and the Korea International Trade Association, expressed their support for President Lee Jae-myung's nomination of Han Seung-sook as the new Prime Minister. Having previously served as the CEO of Naver and as the Minister of SMEs and Startups under the Lee administration, Han is regarded as a suitable candidate who understands the dynamics of business and the market.
On June 8, the economic groups stated, "We view this nomination as significant, given that the candidate has directly led corporate management. We expect her experience to contribute to the establishment and implementation of balanced policies, as she understands the concerns of businesses and the language of the market better than anyone else."
They further assessed, "Our economy stands at a crucial juncture where it must find new growth engines amid the AI transformation, global supply chain restructuring, changing trade environments, and the burdens of low birth rates and an aging population. Han is well-versed in the changes in the industrial sector and has actively promoted the digital and AI transition for small and medium-sized enterprises and small business owners, making her the right person to drive innovation and growth."
The economic community emphasized their hope that the new Prime Minister nominee would lead regulatory innovation and create a business-friendly environment based on communication with companies, laying the groundwork for active investment and job creation. They pledged to collaborate responsibly as partners to ensure that the outcomes benefit all citizens.
Han Seung-sook is recognized as a first-generation expert in South Korea's information technology industry and was the first female CEO of Naver since its founding. She has also served as the president of the Korea Internet Companies Association and as the inaugural Minister of SMEs and Startups in the current government. On the same day, Han expressed her commitment, stating, "If I take on the important role of Prime Minister, I will focus all my efforts on resolving the urgent economic challenges facing people's livelihoods."



* This article has been translated by AI.

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