Chairman Kim Ki-moon Meets Minister of Trade, Industry and Energy, Requests to Lift "SME Killer Regulations"

Kim Ki-moon, President of the Korea Federation of Small and Medium Business.

On the 25th, the Korea Federation of Small and Medium Business (Kbiz) held a meeting with newly appointed Minister of Trade, Industry and Energy Bang Beom-gyu at the Kbiz headquarters in Yeouido, Seoul, to share current issues facing small and medium enterprises (SMEs).

Attending the meeting were representatives from various SME sectors, including Shin Yong-moon, Chairman of the Korea Mold Industry Cooperative; Park Pyeong-jae, Chairman of the Korea Surface Treatment Industry Cooperative; Gu Hong-rim, Chairman of the Banwol Fashion Collar Business Cooperative; Lee Sang-hoon, Chairman of the Korea Mining Cooperative; and Lee Young-nam, President of Novasys.

Kim Ki-moon, Chairman of Kbiz, expressed gratitude to Minister Bang for visiting Kbiz as his first visit to an economic organization since taking office. He said, "To expand exports and achieve a technological gap in advanced industries, as emphasized in my inaugural speech, the public and private sectors must work as one team. The SME sector will also strive to keep the 'Export Korea ship' sailing smoothly in step with the government, so we hope the Ministry of Trade, Industry and Energy will help lift the killer regulations that are holding back SMEs."

In response, Minister Bang said, "Under the recent difficult economic conditions, the role of SMEs is very important in fostering advanced industries and upgrading key industries. We will address the difficulties faced by SMEs and support their growth on a government-wide level."

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