A person shops inside a cosmetic store in Seoul on Nov. 4, 2025. [YONHAP]
Finance Minister Koo Yun-cheol on Thursday vowed to foster the cosmetics industry as a new export engine for the country in line with the global popularity of Korean products.
Koo made the remark during a meeting with representatives from major cosmetics firms to discuss ways to further bolster the industry by utilizing cutting-edge technologies, according to the Ministry of Finance and Economy.
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"The K-beauty industry has expanded beyond the cosmetics sector to become a future strategic industry combining artificial intelligence, data and devices," Koo said.
