South Korean Prime Minister Han Seong-sook stated that the government is making every effort to rationalize regulations in the new industry sector to align with global competitive standards.
According to Yonhap News Agency, during a regulatory innovation meeting for new industries held at the Venture Business Association in Guro District, Han emphasized the importance of securing a competitive edge amid fierce global competition.
She added, "Regulations that do not meet global standards must be proven necessary by the relevant ministries. If proving necessity is difficult, we will strengthen the 'regulatory proof responsibility system' to improve or abolish such regulations."
Han also highlighted discussions on mandatory legal adjustments from the moment special regulatory exemptions are granted and announced plans to establish a one-stop integrated support center at the Prime Minister's Office to enhance the regulatory sandbox system.
* This article has been translated by AI.
Copyright ⓒ Aju Press All rights reserved.