Choi Tae-won Expands Steps One Week Before Taking Office at the Korea Chamber of Commerce and Industry

Choi Tae-won "I will Revitalize the Local Economy"
Seoul Chamber of Commerce Establishes Local Economy Team
Choi Tae-won Emphasizes Social Value and Local Economy Coexistence

Choi Tae-won, Chairman of the Seoul Chamber of Commerce and Industry, is answering reporters' questions after the Seoul Chamber of Commerce members' general meeting held at the Korea Chamber of Commerce and Industry in Jung-gu, Seoul on the morning of the 23rd. Photo by Moon Ho-nam munonam@

[Asia Economy Reporter Hwang Yoon-joo] Choi Tae-won, chairman of the Seoul Chamber of Commerce and Industry (photo), is expanding his role as a representative of the business community ahead of his inauguration as chairman of the Korea Chamber of Commerce and Industry (KCCI). Following his first official move emphasizing social value in a ‘Dialogue with Startups,’ he expressed his commitment to revitalizing the regional economy. This is interpreted as his intention to lead the KCCI by emphasizing not only the voice of the business community but also the public interest.

On the 18th, Chairman Choi attended the ‘National Chamber of Commerce and Industry Chairmen Meeting’ held online at the Chamber of Commerce building and stated, "We will establish a regional economy team within the KCCI to jointly promote regional economic revitalization." He added, "Especially with climate change, as all policies and regulations change, its influence will grow, so we must respond proactively. There will also be roles that companies must fulfill to solve social issues such as polarization." He further said, "With the new era, the public will have expectations of the KCCI, and how to meet those expectations is both a challenge and a task."

Earlier, Chairman Choi attended the ‘Dialogue with Startups’ with Park Yong-man, chairman of the KCCI, as his first official act as chairman of the Seoul Chamber of Commerce and Industry. At the event, he stated, "Most startups also want to contribute to society," and "The role of companies is not just to make money but to create both economic and social value."

The business community interprets Chairman Choi’s recent actions as emphasizing the identity of economic organizations that encompass public interest, such as social value and coexistence with the regional economy. This aligns with Chairman Choi’s emphasis on the social role of companies over the past few years. At his last schedule before inauguration, a meeting with regional chambers, Chairman Choi said, "The Chamber of Commerce and Industry has the responsibility not only to represent the interests of its members but also to contribute to social development."

Meanwhile, following the custom that the chairman of the Seoul Chamber of Commerce and Industry assumes the chairmanship of the KCCI, Chairman Choi is scheduled to be elected as the 24th chairman of the KCCI through the KCCI general assembly on the 24th and will hold the inauguration ceremony on the 29th.

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