KCCI "Yoon Administration, Hope to Lead Korea's Leap Forward with Strong Leadership"

[Asia Economy Reporter Yoo Hyun-seok] The Korea Employers Federation (KEF) sent congratulations to President-elect Yoon Suk-yeol, who will be inaugurated as the 20th president on the 10th, expressing hope that he will lead South Korea's leap forward with strong leadership.

In a statement on the 9th, KEF said, "The business community strongly agrees with the new government's goal and principles of state administration to overcome division, restore national competitiveness through fair governance, and improve the lives of the people."

KEF added, "We ask you to take the lead in bold regulatory reforms and improvements in laws and systems for the advancement of labor-management relations in line with global standards," and explained, "We hope you will strive to create a 'business-friendly environment' that can enhance economic dynamism and enable a virtuous cycle of corporate investment activation, job creation, and economic growth."

Furthermore, KEF emphasized, "The business community will also fulfill its social responsibilities by overcoming the economic crisis through more active investment and the creation of quality jobs," and stated, "We will do our best together with the new government to help South Korea emerge as a global leading country."

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