Ahn Hyeong-ju, Gwangju Seo-gu Council Member, Enacts 'Small and Medium Enterprise Export Promotion Ordinance'

Ahn Hyeong-ju, a member of the Seo-gu Council in Gwangju Metropolitan City, announced on the 13th that the 'Ordinance on Promotion of Exports by Small and Medium Enterprises' was passed at the 315th extraordinary session standing committee.

The ordinance was prepared to assist small and medium enterprises (SMEs) in exports and to support related institutions and organizations.

Specifically, it includes ▲ comprehensive export plans and detailed implementation plans for SMEs ▲ formation and operation of an export support council ▲ provisions for consignment to efficiently promote overseas marketing tasks, among others.

Councilor Ahn said, "It is expected that systematic, step-by-step export support can be provided to SMEs facing difficulties in overseas trade and exports."

He emphasized, "Due to the stagnation of the domestic market, entering overseas markets is not a choice but a necessity for SMEs," adding, "Fostering export-oriented SMEs is the best alternative for both SME survival strategies and revitalizing the local economy."

Shin Dong-ho, Honam Reporting Headquarters, Asia Economy bless4ya@asiae.co.kr

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