Launch of Large and SME Win-Win Special Committee... Kim Han-gil: "Mutual Cooperation Essential for Sustainable Economic Growth"

100-Day Activity as Special Committee of National Integration Committee
Discussing Sustainable Win-Win Cooperation Ecosystem Establishment and System/Practice Improvement

[Image source=Yonhap News]

[Asia Economy Reporter Kwak Minjae] “As seen in the process of global supply chain restructuring, close win-win cooperation between large corporations and small and medium enterprises (SMEs) is necessary to enhance national competitiveness. Beyond resolving polarization, win-win cooperation between large and small businesses is not an option but a necessity to achieve sustainable economic growth.” (Kim Hangil, Chairman of the National Integration Committee)

The Presidential National Integration Committee launched the 'Large and Small Business Win-Win Special Committee' on the 13th at the Korea Federation of SMEs in Yeouido, Seoul. The Win-Win Special Committee consists of a total of 10 members. It includes private experts such as Chairman Han Junghwa, Kim Sunwoo, Head of the Innovation Enterprise Research Group at the Science and Technology Policy Institute, Kim Sejong, Director of Policy Research at the Inno-Biz Association, and Kim Soonchul, former Secretary General of the Foundation for Large, Small, and Agricultural Cooperation. The committee is expected to operate intensively for about 100 days until the end of this year, holding meetings at least once a week.

The Win-Win Special Committee was launched to lead the new SME promotion policy direction of the Yoon Seok-yeol administration, which aims for “a country where small and venture businesses stand at the center of the economy.” Prior to its launch, the preparatory team of the committee identified six discussion tasks through its activities: ▲ Large and small innovative win-win virtuous cycle model ▲ Proposal of a social agreement for a virtuous cycle of win-win and trust ▲ Enhancement of online platform and small business win-win cooperation ▲ Improvement of the effectiveness of the delivery payment adjustment negotiation system and early establishment of the delivery price linkage system ▲ Receiving fair prices in public procurement markets ▲ Strengthening fairness in franchise business and promoting win-win cooperation.

The Win-Win Special Committee plans to prioritize discussion on six tasks focusing on building a sustainable win-win cooperation ecosystem and improving unreasonable systems and practices. Within the framework of “private sector-led” and “market-centered,” it will propose alternatives to enable virtuous cycle win-win models based on the autonomy of each economic actor to operate in various transaction fields.

Kim Kimoon, President of the Korea Federation of SMEs, said, “Since unfairness issues are directly related to the survival of 7.29 million SMEs, win-win cooperation between large and small businesses as partners rather than in a master-servant relationship is more urgent than ever.” He added, “We expect the newly launched Win-Win Special Committee to achieve meaningful results in resolving polarization between large and small businesses in line with its establishment purpose, and SMEs will also work together for national integration and the re-leap of the Republic of Korea.”

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