NongHyup Holds Management Agreement Ceremony: "Rural Areas Are the Hope"

[Asia Economy Reporter Kim Hyun-jung] On the 30th, the National Agricultural Cooperative Federation (NACF) held the 2020 Management Agreement Ceremony at the NACF headquarters' conference room, attended by Lee Seong-hee, President of NACF, executives from the central federation, and the economic and financial holding companies.

The management agreement was conducted with the participation of the NACF's executive directors, mutual finance CEOs, and representatives from the economic and financial holding companies to achieve this year's management goals. The central federation reaffirmed its commitment to strengthening practical support for farmers and support for agricultural cooperatives, the economic holding company emphasized innovation in agricultural product distribution structures and enhancing quarantine capabilities for co-growth with livestock farmers, and the financial holding company pledged to improve profitability and strengthen risk management.

President Lee Seong-hee urged, "As unprecedented difficulties are expected this year, the central federation, economic holding company, and financial holding company must unite and work together diligently to ensure uninterrupted support for agriculture and rural areas."

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