Kim Jong-in meets with Park Yong-man for 10 minutes... "Corporate concerns well reflected in review process, don't worry"

by Kim Hye Min

Published 22 Sep.2020 14:12(KST)

Chairman Park Yong-man of the Korea Chamber of Commerce and Industry is visiting the National Assembly on the 22nd. Chairman Park is scheduled to meet with Kim Jong-in, the Emergency Committee Chairman of the People Power Party, and Lee Nak-yeon, the leader of the Democratic Party of Korea, to express opposition to the 'Three Corporate Regulation Laws.' Photo by Yoon Dong-joo doso7@

[Asia Economy Reporter Kim Hye-min] Kim Jong-in, Emergency Committee Chairman of the People Power Party, met with Park Yong-man, Chairman of the Korea Chamber of Commerce and Industry, who came expressing concerns about the so-called 'Fair Economy 3 Laws,' and said, "Don't worry."

On the morning of the 22nd, Kim met with Chairman Park, who visited the National Assembly, for about 10 minutes and then spoke to reporters.

Kim said, "I heard from Chairman Park that businesspeople have their own concerns about the Economic 3 Laws," adding, "(I said) we are not trying to create laws that would cause great damage to the Korean economy while handling economic-related laws. During the review process, we will appropriately reflect those concerns, so don't worry too much."

Regarding his support for the government's proposed Fair Economy 3 Laws, Kim said, "When Park Geun-hye was a presidential candidate, she made a pledge for economic democratization, and that pledge was even stronger than the current bills," adding, "What companies are worried about and what can be judged by common sense will inevitably differ, so can't we find a common ground there?"

Addressing ongoing opposition within the party, he pointed out, "Honestly, I don't know whether they are discussing this issue based on understanding and awareness or just reflecting what they hear from outside."