Im Kyung-jun, President of Gwangju-Jeonnam Chapter of the Korea Federation of SMEs, "Will Strengthen the Role of Cooperatives"

[Asia Economy Honam Reporting Headquarters, Reporter Park Jin-hyung] On the 5th, Lim Kyung-jun, Chairman of the Gwangju-Jeonnam branch of the Korea Federation of SMEs, stated in his New Year's message, "This year, we will strengthen the role of cooperatives so that SME products can receive fair prices."

Chairman Lim emphasized, "For an environment where SME products can receive fair prices to be realized, the revision of the Cooperative Act must precede. Through this, SMEs should be able to conduct joint projects without concerns about collusion."

He said, "The 3rd Three-Year Plan for Revitalizing SME Cooperatives (2022?2024) is the first policy recognizing the status of cooperatives as SMEs, so we will do our best to include practical support measures that resonate with the field."

He also proposed expanding government support in response to carbon neutrality, ESG management, and accelerated digital transformation.

Chairman Lim urged, "The 'delivery price linkage system' and 'electricity rate system exclusively for SMEs' included in the government’s Carbon Neutrality Committee report should be urgently introduced to reduce the burden on SMEs, which have weak responsiveness."

He added, "As the prolonged COVID-19 pandemic has increased uncertainty in the business environment, the situation of local SMEs is becoming more difficult than ever. The Federation and the Gwangju-Jeonnam SME Cooperatives will do their utmost to support member companies so that they can become key players in the regional economy and achieve vigorous growth."

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