Politics · South Korea · 2 hrs ago
South Korea to align science and economic policies for future growth
South Korea’s Deputy Prime Minister and Finance and Economy Minister Lee Hyeong-il called for closer policy coordination on Oct.
28.
He said science and technology innovation drives economic growth.
Lee said science and technology policies should work together with economic and industrial policies.
He described a path from research through testing and commercialization to developing new industries.
The goal is to support South Korea’s future growth.
He did not outline specific measures or a timeline.
South Korea’s deputy prime minister said science and technology policy should work in step with economic and industrial policy to support future growth.
Lee Hyung-il said scientific and technological innovation is the driving force of economic growth.
He called for coordination across basic technology research and development, demonstration, commercialization and the development of new industries.
Lee made the remarks on October 28.
- Who
- Lee Hyung-il, deputy prime minister and minister of finance and economy.
- What
- He said science and technology policy should be aligned with economic and industrial policy.
- When
- October 28, 2026.
- Where
- Not stated.
- Why
- To support South Korea’s future growth and economic growth through scientific and technological innovation.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Speaker
- Lee Hyung-il
- Role
- Deputy prime minister and minister of finance and economy
- Date
- October 28, 2026
- Policy scope
- Basic technology research and development, demonstration, commercialization and new industries
What people are saying
The driving force of our economic growth is scientific and technological innovation.
From basic technology research and development through demonstration and commercialization to fostering new industries, science and technology policy and economic and industrial policy must now move as one.