Korea Federation of SMEs Holds Regular General Meeting... "Hope Politics Supports Economy"

Over 450 Representatives of Small and Medium Enterprise Groups Attend on the 27th
Screening of Videos on the Serious Accident Punishment Act Activities and More

The Korea Federation of Small and Medium Business (KBIZ) announced on the 27th that it held the 62nd General Assembly at the KBIZ Hall in the Korea Federation of Small and Medium Business Building in Yeouido, Seoul, with over 450 attendees including representatives of small and medium enterprise cooperatives and related SME organizations.

Kim Ki-moon, President of the Korea Federation of SMEs. Photo by Jo Yong-jun jun21@

The opening video of the assembly featured the activities of the SME sector in response to the Serious Accidents Punishment Act.

Kim Ki-moon, President of KBIZ, said in his opening remarks, “The SME sector has been overwhelmed since the beginning of the year with events such as the rally urging the postponement of the Serious Accidents Punishment Act,” adding, “I hope that the 22nd National Assembly, formed after the general elections in April, will be a legislature that supports the economy and works together to overcome the difficulties faced by small and medium enterprises.”

At the assembly, KBIZ presented a video report on major policy achievements from the previous year and awarded outstanding SME cooperatives and meritorious individuals. Six agenda items were also approved, including the ‘2023 Business Report, Settlement and Surplus Disposal Plan,’ ‘2024 Business Plan and Budget,’ and ‘Election of Executives.’

Minister Oh Young-joo of the Ministry of SMEs and Startups, who attended the assembly, presented ministerial commendations to three outstanding cooperatives: Korea Electric Power Engineers Cooperative, Daejeon Sejong Chungnam Plant Protection Agents Sales Cooperative, and Siheung Distribution Promotion Cooperative.

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