Small Businesses Meeting with Chungbuk Governor Kim Young-hwan Request Strengthened Support for Cooperative Projects

Policy Meeting Hosted on the 18th with Chungbuk Governor Kim Young-hwan as Guest

Small and medium-sized enterprises (SMEs) met with Kim Young-hwan, Governor of Chungbuk Province, to request strengthened support for projects aimed at revitalizing the functions of SME cooperatives.

Kim Young-hwan, Governor of Chungbuk Province [Photo by Yonhap News]

The Korea Federation of SMEs announced on the 18th that it held a "Policy Meeting Inviting Kim Young-hwan, Governor of Chungbuk Province" at the Chungbuk Provincial Government Office in Cheongju, Chungbuk.

The meeting was attended by Kim Ki-moon, Chairman of the Korea Federation of SMEs, chairpersons of SME cooperatives by industry in the Chungbuk region, Jeong Seon-wook, Head of the Chungbuk Regional Small and Medium Business Administration, and about 30 others.

At the meeting, 15 agenda items were proposed to resolve difficulties faced by SMEs and cooperatives in the Chungbuk region. In particular, focused discussions were held on strengthening support for projects to revitalize the functions of SME cooperatives, enacting ordinances and budget support for fostering and supporting the photographic cultural industry, enacting ordinances related to SME business succession support, expanding the use of the "Cooperative Recommendation System" to broaden sales channels for local SME products, mutual support for energy-vulnerable groups and small LPG retailers, expanding support for the Yellow Umbrella Hope Incentive for small business owners, supporting PL insurance subscription for export SMEs, and supporting the establishment of the Chungbuk Craft Culture Industry Center.

Kim Ki-moon, Chairman of the Korea Federation of SMEs, said, "Amid a complex economic crisis characterized by high inflation and high interest rates, many SMEs are going through difficult times, and the situation is especially challenging for local SMEs. At times like this, local governments must take bold steps to support and nurture SME cooperatives, which serve as a platform for regional SMEs through joint projects beyond the limitations of individual SMEs."

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