Jin-sik Choi, Chairman of Junggyeonryeon, Meets with Ryu-jin, New Chairman of Hankyunghyeop

"Large, Medium, and Small Enterprises Must Join Forces to Build Advanced Country-Type Partnerships"

The Korea Federation of Medium-Sized Enterprises (KMF) announced that Chairman Choi Jin-sik met with Ryu Jin, the newly appointed chairman of the Korea Economic Association, on the 23rd at the SIMPAC Building in Yeouido, Seoul. Chairman Choi said to Chairman Ryu, who is visiting major economic organizations as his first official act after taking office, "You have been entrusted with the heavy responsibility of properly establishing the history and tradition of the Federation of Korean Industries as it makes a new start as the Korea Economic Association." He added, "I believe you will lead the Korea Economic Association's leap forward better than anyone else, based on your strong entrepreneurial spirit and exceptional experience."

(From left clockwise) Ryu Jin, Chairman of the Korea Entrepreneurs Association, Choi Jin-sik, Chairman of the Korea Federation of Medium-sized Enterprises, and Lee Ho-jun, Executive Vice Chairman of the Korea Federation of Medium-sized Enterprises, are having a conversation.

Chairman Choi also stated, "The rapidly changing global economic environment, including the spread of nationalism and the restructuring of supply chains, demands a more proactive role from companies," adding, "All economic organizations must make utmost efforts to improve the legal and institutional environment and support the strengthening of global competitiveness so that companies can faithfully fulfill their mission of creating national wealth."

He continued, Chairman Choi emphasized, "I believe that corporate achievements have value beyond individual growth, ultimately contributing to the nation's prosperity and improving the lives of its people," and added, "Under the solemn responsibility of caring for future generations, economic organizations must further strengthen close communication and cooperation to establish an advanced-country-style win-win partnership among large enterprises, medium-sized enterprises, and small businesses to contribute to community development."

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