President Yoon Suk Yeol Announces New Industry Minister in Latest Cabinet Reshuffle

Seoul: In a significant move, President Yoon Suk Yeol of South Korea appointed a new industry minister on Sunday, as part of a broader Cabinet reshuffle. This change comes just three months after the previous industry chief assumed the role.

According to Yonhap News Agency, Trade Minister Ahn Duk-geun has been nominated as the new minister of trade, industry, and energy. This appointment follows a partial Cabinet reshuffle conducted by President Yoon about two weeks ago, which resulted in changes to six Cabinet positions. Ahn, an experienced figure in international trade, is noted for his practical expertise and competence in handling various trade issues, a quality he demonstrated in his role as the current trade minister.

Kim Dae-ki highlighted Ahn's expected contributions, emphasizing his capability to boost exports, foster key strategic industries, and innovate industrial regulations. Ahn's nomination is set to play a crucial role in revitalizing the economy and expanding South Korea's economic prospects, utilizing his skills and extensive networks both domestically and internationally.

The reshuffle comes as incumbent minister Bang Moon-kyu, who took office in September, is expected to run in the general elections scheduled for April. Ahn has a rich background in the field of international trade, having served as an advisor to both the foreign ministry and the industry ministry. He was also the first trade minister in the Yoon administration, dealing with critical economic security issues, including the diversification of South Korea's supply chains and responses to the United States' Inflation Reduction Act.

Further appointments are anticipated in the near future, with potential new nominees for the foreign ministry, the presidential National Security Office, and the National Intelligence Service (NIS). Current Foreign Minister Park Jin is believed to be considering a candidacy in the upcoming general elections, and recent resignations in the NIS, including Director Kim Kyou-hyun and his deputies, have opened up new leadership positions. Candidates for these roles include First Vice Foreign Minister Chang Ho-jin and former Ambassador Cho Tae-yul, with Yoon's national security advisor, Cho Tae-yong, being a strong contender for the NIS directorship.

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