Sejong City to Intensively Operate "Unfair Trade Practices Reporting Center" Ahead of Chuseok
Aiming for Prompt Payments and Establishment of Fair Trade Practices
Sejong City will operate an "Unfair Trade Practices Reporting Center" until October 2, ahead of the Chuseok holiday.
The city is focusing on ensuring market liquidity by swiftly paying progress payments, completion payments, and labor costs within three days; receiving reports of unpaid or delayed subcontract payments; and promptly addressing unfair trade practices such as wage arrears. This initiative aims to alleviate financial difficulties for local businesses during Chuseok and to establish fair trade practices.
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Jang Kyungae, Head of the Accounting Division, stated, "We will do our best to minimize the difficulties that local businesses and workers may face ahead of Chuseok," adding, "We are committed to creating a fair market order in the field of contracts so that everyone can enjoy a warm holiday."
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