President Moon Jae-in was set to meet a group of top executives and officials from small and medium-sized enterprises (SMEs) on Tuesday.

The meeting will be held over dinner at the presidential office Cheong Wa Dae, involving around 30 business leaders, including the head of the Korea Federation of SMEs. It will also involve the top officials of six venture firms, according to Cheong Wa Dae.

The meeting will be the first of its kind since Moon took office in May.

This photo, taken Nov. 30, 2017, shows President Moon Jae-in delivering a speech at a ceremony in Seoul, marking the launch of the new Ministry of SMEs and Startups. (Yonhap)

The president has held similar meetings with the heads of large conglomerates and labor organizations, but the meeting with SME leaders had been delayed because a new venture minister had not yet been named.

Hong Jong-haak was appointed minister of SMEs and Startups in late November.

At the dinner meeting, Moon was widely expected to push for additional efforts by small and medium-sized firms to create jobs and boost the local economy. He earlier noted 3.54 million SMEs here accounted for 99 percent of all private businesses and 88 percent of employment in the country.

The participants from business organizations and private firms will file their requests and suggestions on ways to improve the business environment, according to Cheong Wa Dae officials. (Yonhap)

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