Lee Byeong-gweon, Vice Minister II of the Ministry of SMEs and Startups. /Courtesy of Ministry of SMEs and Startups (MSS)

The Ministry of SMEs and Startups said on the 15th it held a meeting with the Korea Foodservice Industry Association to review operational difficulties facing small foodservice businesses due to the Middle East war and discuss support measures.

It is the second meeting to review the situation of small businesses by industry affected by the war, following the bakery sector.

At the meeting, the Ministry of SMEs and Startups (MSS) and the Korea Foodservice Industry Association shared the impact of the Middle East war on the foodservice business environment, including rising prices of takeout containers and plastic bags used in restaurants and delivery delays, and discussed support measures.

They also discussed ways to boost sales for local small businesses and policy tasks to revitalize the foodservice industry. The Korea Foodservice Industry Association conveyed on-site demands to the government and proposed institutional improvements and expanded support.

Lee Byeong-gweon, the Ministry of SMEs and Startups (MSS) second vice minister, said, "Through the meeting with small foodservice business owners, we were able to grasp industry-specific business conditions in more concrete terms," and added, "Based on this, we will swiftly prepare practical support measures and institutional improvements."

The Ministry of SMEs and Startups (MSS) plans to continue holding industry-by-industry meetings going forward.

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