Huh Chang-soo Urges Efforts for Win-Win Activities with Partners and Farmers During Chuseok Period
[Asia Economy Reporter Suyeon Woo] Heo Chang-soo, Chairman of the Federation of Korean Industries, urged member companies to strengthen win-win activities with partner companies and farms ahead of Chuseok.
On the 7th, Chairman Heo expressed concern over the damage to companies and farms caused by the prolonged COVID-19 pandemic in a letter to member companies, emphasizing that during this exhausting time for the entire nation, our companies must fulfill their fundamental roles and strive to resolve social difficulties.
First, Chairman Heo asked member companies to actively engage in win-win cooperation for partner companies, such as early payment of delivery fees before the Chuseok holiday period, to support companies struggling with financing due to the prolonged COVID-19 pandemic. He also requested that meetings with family and relatives be conducted non-face-to-face as much as possible and that the guidelines of the quarantine authorities be followed. Lastly, he emphasized the need to actively participate in the "Send Chuseok Gifts with Our Agricultural Products" campaign to share the burden of farms facing difficulties due to decreased demand for agricultural products.
Chairman Heo said, "Our people are doing their best in their respective positions despite the damage caused by the prolonged COVID-19 pandemic," adding, "We hope our companies will also fulfill their fundamental roles and make efforts to look after partner companies, rural fishing villages, and neighbors around them."
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Previously, the Federation of Korean Industries has worked for win-win cooperation with farms and partner companies, such as delivering Chuseok gifts of Korean agricultural products to ambassadors of countries that participated in the Korean War and urging early payment of delivery fees through surveys and announcements. It also hopes that the sending of Chairman Heo’s letter will help the recovery of the livelihood economy, which could be weakened due to recommendations to refrain from traveling during Chuseok amid strengthened COVID-19 quarantine measures. The Federation added, "We will continue win-win cooperation activities with farms and partner companies."
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