Lee So-young emphasizes need for new growth path as nominee for Minister of SMEs

by LEE KEONHEE Posted : October 16, 2026, 20:12Updated : October 16, 2026, 20:12

Lee So-young, a member of the Democratic Party, was nominated on the 30th as the candidate for Minister of Small and Medium Enterprises and Startups. She stated, "South Korea needs a new growth path."

In a Facebook post, she expressed, "I believe that both the beginning and the end of that path must be small and medium enterprises." She added, "Out of every 1,000 companies in South Korea, 999 are small and medium enterprises."

Lee also emphasized, "Eight out of ten workers are employed by small and medium enterprises. This highlights that the Ministry of SMEs is the place that oversees the broadest aspects of the South Korean economy."

Furthermore, she remarked, "I take the mission and responsibility given to me very seriously," and stated, "If given the opportunity, I will dedicate myself to creating a receptive foundation for innovation, ensuring that the creativity and ideas of the people lead to changes in the world, moving towards an 'innovative nation.' I will also engage sincerely in the National Assembly's confirmation process."





* This article has been translated by AI.