Presenting a Vision for Economic Rebound, Promoting Four Key Initiatives: Strengthening Industrial Competitiveness, Regulatory Reform for Enhancing Corporate Competitiveness, and Boosting Global Competitiveness

Federation of Korean Industries

Federation of Korean Industries

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[Asia Economy Reporter Changhwan Lee] The Federation of Korean Industries (FKI) announced on the 21st that it held its 59th regular general meeting.


This year, the FKI decided to promote its 'Four Major Priority Projects for 2020.' The main contents include presenting a 'Vision for Economic Rebound' such as a mid- to long-term innovation strategy for the Korean economy, 'Strengthening Industrial Competitiveness' to advance key industries and revitalize domestic demand, 'Regulatory Reform' to enhance corporate competitiveness, and 'Strengthening Global Competitiveness' by responding to trade issues including protectionist policies.



An FKI official stated, "In the midst of an economic cold wave where both exports and domestic demand are sluggish, the added burden of COVID-19 is making things even more difficult," adding, "We will do our best to fulfill our role as a purely private think tank by proposing measures for our economy to overcome the crisis and regain vitality."


This content was produced with the assistance of AI translation services.

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