President Moon Approves Minister Park Young-sun's Resignation Letter

Resignation Announcement Related to Seoul Mayoral Candidacy... Kwon Chil-seung Appointed as Successor to Minister of SMEs and Startups

[Asia Economy Reporter Ryu Jeong-min] Kang Min-seok, spokesperson for the Blue House, announced on the 20th, "President Moon Jae-in approved the dismissal proposal following Minister Park Young-sun's resignation from the Ministry of SMEs and Startups at 3:20 PM today."

Minister Park is preparing to run as the ruling party candidate in the Seoul mayoral by-election scheduled for April 7.

As Minister Park's successor, Kwon Chil-seung, a member of the Democratic Party of Korea, has been nominated. It is expected that Representative Kwon will be appointed minister after the National Assembly's confirmation hearing. Until the new minister is appointed, the Ministry of SMEs and Startups will be operated under the vice minister system.