Meeting between Junggi Central Association and Kim Kyung-soo, Governor of Gyeongnam Province: "Overcoming COVID-19 Together"

Request for Active Support of SMEs and Cooperatives to Revitalize Gyeongnam Economy

[Asia Economy Reporter Kim Heeyoon] The Korea Federation of SMEs held a policy meeting with Kim Kyungsoo, Governor of Gyeongsangnam-do, at the Gyeongsangnam-do Provincial Office at 2 p.m. on the 24th to promote and support the economic leap of the Gyeongnam region.

At this meeting, 18 urgent issues concerning small and medium-sized enterprises and cooperatives in the Gyeongnam region were raised, including ▲establishment of plans and budget support for revitalizing SME cooperatives ▲active utilization of small-amount contracts recommended by cooperatives ▲expansion of interest subsidy support for mutual aid funds ▲support for joint projects in the preparation process of silk fabric weaving ▲expansion of sales channels for small craft merchants ▲financial support for companies selected for the Miryang Win-Win Job Project.

Kim Ki-moon, Chairman of the Korea Federation of SMEs, said, “Currently, small and medium-sized enterprises and small merchants are in a crisis worrying about the survival of their businesses due to the impact of COVID-19 and the minimum wage increase of over 30% in the past three years,” adding, “I hope Gyeongsangnam-do actively supports this together with its affiliated organizations to overcome this and achieve a new economic leap for Gyeongnam.”

Kim Kyungsoo, Governor of Gyeongsangnam-do, said, “We need to listen closely to the voices from the SME field and reflect the diagnosis of problems and suggestions in policies,” adding, “We will try to find solutions to the suggestions heard at this meeting as much as possible and focus on cooperation between large and small enterprises and fostering local talent.”

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