Choi Jin-sik, Chairman of the Federation of Korean Industries, "Leap Forward as an Economic Organization Leading Reform Agendas"

Junggyeonryeon to Hold '2024 Korea Federation of Medium-Sized Enterprises General Assembly' on the 28th

The Korea Federation of Medium-Sized Enterprises expressed its commitment to proactively present key issues to achieve reform tasks across society. On the 28th, at the ‘2024 Annual General Meeting’ held at the Shilla Hotel in Seoul, Choi Jin-sik, Chairman of the Federation, stated, “We will make every effort to actively raise reform issues such as improving the inheritance and gift tax system to OECD standards to secure the sustainability of national wealth creation foundations, establishing an immigration agency as a macro response to the population cliff, and streamlining the central and local bureaucratic systems to enhance corporate vitality, and seek solutions.”

At the "2024 Korea Association of Mid-sized Enterprises General Assembly," Choi Jin-sik, Chairman of the Korea Association of Mid-sized Enterprises, is delivering the opening address.

Chairman Choi said, “Especially this year is an important momentum with the 22nd National Assembly general election, which will establish new laws and systems for the Republic of Korea, and we will play a leading role in driving tangible changes that can be felt on the ground through broad policy improvement proposals.”

He then presented the vision of ‘a representative economic organization driving harmonious economic and social development,’ saying, “By solidifying the legal basis for fostering and developing medium-sized enterprises through the substantial implementation of the ‘Medium-Sized Enterprises Act,’ which was converted into a permanent law and enforced last year, we will secure a unique capability base exclusive to medium-sized enterprises as a bridge for growth, and strive to establish a foundation for the sustainability of the only domestic economic organization representing medium-sized enterprises.”

Chairman Choi also added, “The future of medium-sized enterprises depends on how well they perform their unique capabilities and socio-economic roles that only medium-sized enterprises can fulfill,” and “Based on a sense of responsibility toward future generations, we will actively engage in bold and progressive challenges leading reform tasks across all areas of society as well as the economy.”

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