The six major economic organizations in South Korea, including the Korea Chamber of Commerce and Industry and the Korea Federation of Small and Medium Businesses, expressed their support for President Lee Jae-myung's nomination of Han Seung-sook as the new Prime Minister.
On June 8, the economic groups stated, "We view this nomination as significant, given that the candidate has led business operations at the forefront. As someone who understands the concerns of businesses and the language of the market better than anyone, we expect her experience to lead to balanced policy formulation and implementation."
They further assessed, "Our economy stands at a crucial juncture, needing to 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. The nominee understands industrial changes better than anyone and has actively promoted the digital and AI transition for small and medium enterprises and small business owners, making her the right person to drive innovation and growth together."
The economic sector anticipates that the new Prime Minister will prioritize communication with businesses to spearhead regulatory innovation and create a favorable environment for business operations, laying the groundwork for active investment and job creation. They expressed their commitment to collaborating 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 Corporations Association and as the inaugural Minister of the Ministry of SMEs and Startups in the current government. On the same day, she stated, "If I take on the important role of Prime Minister, I will focus all my efforts on overcoming the current emergency situation in the livelihood economy."
* This article has been translated by AI.
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