[New Year's Address] O Sehee, President of Sogongyeon, "Efforts to Realize 50 Trillion, 100 Trillion Support"

O Sehee, President of the Small Business Association / Photo by Hyunmin Kim kimhyun81@

[Asia Economy Reporter Kim Bo-kyung] Oh Se-hee, president of the Korea Federation of Micro Enterprises, stated, "We will do our best to ensure that the direct support plans of 50 trillion and 100 trillion won for micro enterprises, which are being actively discussed in the presidential election phase, are realized."

In his New Year's address on the 30th, President Oh said, "In the newly bright year, the entire Republic of Korea must unite to help micro enterprises overcome the crisis."

He emphasized, "This year must be one in which the foundation for rebuilding the micro enterprise and low-income economy is established through full compensation for losses, comprehensive and large-scale direct financial support for micro enterprises, and debt relief."

In particular, he stated, "We will continue to gather the consensus of micro enterprises to abolish business restrictions and protect business rights, and to urge measures that harmonize quarantine and the economy."

Additionally, President Oh promised, "We will strive to ensure that the regionally reorganized Korea Federation of Micro Enterprises, formed through strict procedures, becomes a leading force in revitalizing the local economy and fulfills its role as an advanced base for protecting the survival rights and improving the interests of micro enterprises."

He said, "We will take action to enforce legislative matters to protect micro enterprises, such as opposing the expansion of the Labor Standards Act to workplaces with fewer than five employees and enacting the Online Platform Act to prevent the invasion of small business districts," adding, "We plan to focus on establishing micro enterprise-friendly win-win management plans for large corporations and laying the foundation for the Micro Enterprise Development Foundation."

Finally, President Oh said, "We will faithfully fulfill our original role as a policy hub for micro enterprises so that micro enterprises can once again beat as the heart of the Korean economy, and with extraordinary determination, we will serve as a driving force to help micro enterprises escape the crisis."

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