[Photo] Yudonggyun, Mayor of Mapo-gu, Participates in Video Urging Prompt Passage of the Basic Social Economy Act

[Asia Economy Reporter Jongil Park] Yoodonggyun, Mayor of Mapo District, participated in the production of a video urging the prompt passage of the 'Social Economy Basic Act,' which has not passed for the past seven years.

There are various types of social economy enterprises, but since they are subject to individual laws according to their organizational forms, there is an urgent need to establish an integrated and systematic basic law.

The Social Economy Basic Act is currently being vigorously promoted in the National Assembly as an effective response measure to the COVID-19 crisis.

Since 2019, Mapo District has enacted the Mapo District Social Economy Basic Ordinance, established a social economy institutional foundation, and implemented various policies to revitalize the social economy based on the local community, including ▲ operation of the Social Economy Integrated Support Center ▲ establishment of the Social Economy Committee ▲ social economy special zone projects ▲ support for resident-centered local social economy activities ▲ social economy space support projects ▲ fostering and promotion and market support for social economy enterprises.

Meanwhile, through this video, Yoodonggyun, Mayor of Mapo District, emphasized the importance of enacting the Social Economy Basic Act, stating, "After COVID-19, the role of social economy organizations will become even more important, and it will be a time when the social economy sector comes to the forefront. Now is the time to change the national system to aim not for profit and efficiency, but for the value of people and the value of the community."

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