SME Federation Council "Hopes for the 21st National Assembly for Small and Medium Enterprises"... Welcomes Proportional Representation Candidates

Headquarters of the Korea Federation of Small and Medium Business

[Asia Economy Reporter Kim Daeseop] The Korea Federation of Small and Medium Business (KSMB) welcomed on the 24th the inclusion of experts on small and medium ventures, small business owners, and women entrepreneurs in the proportional representation candidates of each political party for the 21st general election.

In a statement from the Small and Medium Business Association Council on the same day, KSMB said, "Amid the unprecedented crisis faced by small and medium ventures and small business owners due to the COVID-19 pandemic, the entry of numerous small business figures into the National Assembly is expected to not only help overcome the emergency economic situation early with their field experience and know-how but also significantly contribute to building an economy centered on small businesses and the development of our economy."

The Together Citizens' Party recommended Kim Kyung-man, head of the Economic Policy Headquarters at KSMB, as candidate number 2, and Lee Dong-joo, vice chairman of the Korea Federation of Small Merchants and Self-Employed, as candidate number 4 on their proportional representation list. The Future Korea Party announced candidates including Han Moo-kyung, former president of the Korea Women Entrepreneurs Association, at number 3; Lee Young, former president of the Korea Women Venture Association, at number 13; and Choi Seung-jae, former president of the Small Business Federation, at number 14 on their proportional representation list.

The Small and Medium Business Association Council stated, "In particular, Kim Kyung-man, head of the Economic Policy Headquarters at KSMB, is a policy expert who has been involved in small business policy development on the ground for 31 years," adding, "Having experience proposing various policies during the 1997 foreign exchange crisis, the 2008 global financial crisis, and the MERS outbreak, we expect that the voices from the small business field will be effectively translated into policy."

The Small and Medium Business Association Council is composed of 14 organizations, including KSMB, the Women Entrepreneurs Association, and the Venture Business Association.

The council stated, "The 21st National Assembly that small and medium ventures and small business owners hope for is an 'economic National Assembly' and a 'small business National Assembly.' To this end, the small business community will take the lead in innovation and actively communicate with the National Assembly."

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