FKI Sends Official Letters Requesting Membership Registration to Coupang and Woowa Brothers

The Federation of Korean Industries (FKI) has sent official letters requesting membership to Coupang and Woowa Brothers, the operator of Baedal Minjok.

According to industry sources on the 29th, Coupang and Woowa Brothers are currently reviewing the membership request letters received from the FKI.

The letter reportedly stated, "We aim to be reborn as a think tank that establishes South Korea's mid- to long-term vision and response strategies from a private sector perspective," and "We respectfully request your participation." The FKI has also requested membership from Naver, Kakao, and HYBE.

Earlier, on the 22nd, the FKI held an extraordinary general meeting and approved amendments to its articles of association to change the institution's name to the Korea Economic Association (KEA) and to absorb and integrate the Korea Economic Research Institute (KERI), its affiliated research institute, into the KEA.

Additionally, the FKI announced plans to establish an ethics committee to prevent the possibility of collusion between politics and business and to expand its scope by including companies from various industries as members.

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