Five Key Issues, Including Building a Social Safety Net, Presented at Roundtable

The Korea Federation of Micro Enterprise announced on November 19 that it had signed a business agreement with the National Integration Committee to support the growth of micro enterprises and address polarization.


Through this agreement, the Federation and the National Integration Committee aim to establish a model case of public-private cooperation, resolve the practical difficulties faced by micro enterprises, promote sustainable growth, and foster national integration.

Song Chiyoung, President of the Federation of Small and Medium Business, and Lee Seokyeon, Chairman of the National Integration Committee, are taking a commemorative photo at the business agreement ceremony held on the 19th. Federation of Small and Medium Business

Song Chiyoung, President of the Federation of Small and Medium Business, and Lee Seokyeon, Chairman of the National Integration Committee, are taking a commemorative photo at the business agreement ceremony held on the 19th. Federation of Small and Medium Business

View original image

The agreement covers four main areas: conducting joint research and cooperating in data collection to strengthen the self-reliance and growth of micro enterprises; holding regular events and forums to listen to on-site opinions; recommending the discovery and proposal of policies to government ministries and related agencies and cooperating in monitoring their implementation; and promoting public awareness campaigns to improve perceptions of micro enterprises.


In his remarks, Lee Seokyeon, Chairman of the National Integration Committee, stated, "The National Integration Committee will actively work to improve outdated regulations and practices that make life difficult for micro enterprises, and today's business agreement serves as a milestone on that path."


During the roundtable held after the signing ceremony, leaders of micro enterprise industry associations conveyed on-the-ground opinions regarding management challenges.


Participants proposed several measures necessary for social integration and addressing polarization, including building a social safety net for micro enterprises, improving unfair transaction practices on platforms, supporting digital and artificial intelligence transformation for micro enterprises, applying employee insurance rates to individual business owners' health insurance, and addressing reverse discrimination related to childbirth and childcare for female micro entrepreneurs.



Song Chiyoung, Chairman of the Federation, emphasized, "The economic difficulties faced by micro enterprises are a major factor exacerbating polarization and social conflict and hindering national integration," and expressed his commitment to devote full capabilities to the realization and sustainability of the agreed areas.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing