Meeting with Kim Ki-hyun, Choi Tae-won says "New Entrepreneurial Spirit is the Challenge"

Chairman Chey Tae-won of the Korea Chamber of Commerce and Industry (right) is visiting Kim Ki-hyun, Acting Leader of the People Power Party, at the National Assembly on the 13th, exchanging greetings. Photo by Yoon Dong-joo doso7@

[Asia Economy Reporter Kum Boryeong] Chey Tae-won, Chairman of the Korea Chamber of Commerce and Industry, met with Kim Gi-hyeon, Acting Party Leader and Floor Leader of the People Power Party. At this meeting, Acting Leader Kim emphasized the importance of 'entrepreneurial spirit.'

On the 13th, Chairman Chey visited the National Assembly to pay a courtesy call on Acting Leader Kim. According to the Korea Chamber of Commerce and Industry, this visit was intended as a simple introductory meeting.

Acting Leader Kim said, "I have heard that it is currently a difficult environment for businesses, and there are criticisms that 'excessive regulations are continuing' and 'accumulating.' I feel very regretful about the trend of increasing corporate regulations in the National Assembly. I believe there should be a mechanism to preemptively filter such regulations in the future."

Acting Leader Kim repeatedly mentioned entrepreneurial spirit. He explained, "This is a time when entrepreneurial spirit is more precious than ever. Whether Daemin can revive or whether it will fail to develop further and sink depends on entrepreneurs and how those with entrepreneurial spirit act."

Chairman Chey said, "We also believe that entrepreneurial spirit must be promoted," adding, "Moreover, we are considering what a broader, new entrepreneurial spirit might be."

He continued, "I don't think we have done everything well. We need to reflect on what requires reflection, select what should be maintained, inherited, and developed, and create a new entrepreneurial spirit. That is the task at hand."

They also brought up 'Ulsan' as a point of connection. Acting Leader Kim said, "As someone from Ulsan, I have a very close relationship with SK," and added, "(SK) created a park for the citizens of Ulsan." Acting Leader Kim represents Nam-gu Eul district in Ulsan. In response, Chairman Chey said, "Through Ulsan, we have become close enough to understand each other just by eye contact, which has been a great source of strength."

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