Kim Ki-moon, President of the Korea Federation of SMEs

Kim Ki-moon, President of the Korea Federation of SMEs

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[Asia Economy Reporter Kim Bo-kyung] The Korea Federation of Small and Medium Business (KSMBA) and the Small and Medium Business Council held the '2022 Small and Medium Business New Year's Meeting' on the 5th at the KSMBA headquarters in Yeouido, Seoul, inviting key figures from politics, business circles, and the SME sector.


The event was conducted in compliance with social distancing and quarantine guidelines due to the ongoing COVID-19 pandemic, and was broadcast live on YouTube for small and medium business owners who could not attend in person.


In his opening remarks, Kim Ki-moon, president of KSMBA, stated, "The top priority task for Korea's leap forward is to resolve the polarization between large and small-medium enterprises."


He urged, "We ask the government, the National Assembly, and business leaders to work together to resolve the 'New Economy Three Injustices'?unfair transactions, market imbalance, and unreasonable systems?that the SME sector has proposed as solutions."


He also emphasized, "Following the 52-hour workweek system and the Serious Accident Punishment Act, there is now talk of applying the Labor Standards Act even to small business sites with fewer than five employees. I believe all of this represents a tilted playing field favoring labor, and labor without employment cannot exist."


Furthermore, he pledged that the SME sector will actively participate in carbon neutrality and digital transformation, requesting the government's policy support.



Meanwhile, Prime Minister Kim Boo-kyum, who attended the event, along with presidential candidates from various parties including Yoon Seok-youl, Ahn Cheol-soo, Shim Sang-jung, and Kim Dong-yeon, promised multifaceted support efforts for small and medium enterprises through their New Year's greetings.


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

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