Seoul's new trade minister stresses innovation-led growth at inauguration

5 years ago
The new chief of South Korea's Ministry of Industry, Trade and Energy says he will pursue policies related to innovative growth and job creation.
Speaking at his inauguration ceremony on Thursday, Sung Yun-mo.... stressed that innovation-led growth is not only necessary in key industries but also in emerging sectors such as the bio and health sectors.
He added the ministry will connect the government, companies, universities and research institutes to maximize their capacities.
As for the revised FTA signed by South Korea and the U.S. earlier this week, the minister said the government will prepare follow up measures for ratification.