[21st General Election] Mid-sized Enterprises: "Top Priority for the 21st National Assembly is Enhancing Corporate Competitiveness"

The mid-sized enterprise sector emphasized that strengthening the economic structure as the fundamental material foundation for national survival and enhancing the capabilities of enterprises as the key agents circulating the lifeblood of the economy are the top priorities for the 21st National Assembly.

On the 15th, the Korea Federation of Mid-sized Enterprises (hereinafter referred to as KFME) announced the "Opinions of the Mid-sized Enterprise Sector for the April 15 General Election and the 21st National Assembly," stating, "The novel coronavirus disease (COVID-19) has reaffirmed our society's crisis response capabilities, the high ethical standards of citizens, and the values of sacrifice and solidarity, while simultaneously exposing the realities of a fragile economic and social system without reservation." They added, "The 21st National Assembly faces a critical task to not only wash away the fear of the epidemic but also minimize the impact of the imminent global economic crisis and lead Korea's monumental transformation."

KFME further stated that enhancing corporate capabilities in response to the global economic crisis is a core task for the 21st National Assembly, emphasizing, "We must boldly break away from the precedent of producing numerous laws and irrational regulations that hinder innovation and avoid responsibility for the outcomes, as well as from political confrontations detached from the concrete needs of the field."

Additionally, KFME expressed hope that "amid the spread of COVID-19, the political turmoil that has continuously surfaced will be neatly resolved, and the ruling and opposition parties will actively cooperate to establish a rational system that fully embraces the changes of the era." They added, "We expect all political facades based on vested interests to be dismantled and all innovations to be truly innovative, support to be genuinely supportive, and fostering to be properly fostering, thereby revitalizing the overall vitality of enterprises and industries once again."

Finally, KFME added, "When the 21st National Assembly transcends the long-standing ideological conflicts between progressives and conservatives, left and right, checks the government, revitalizes the economy, resolves social conflicts, and ultimately fulfills its fundamental role of restoring the stability of people’s livelihoods and the happiness of the nation, it will be able to regain the trust and love of the people."

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