The Korea Federation of Small and Medium Enterprises announced that it will prepare the 'next government small business presidential election pledge policy tasks' in light of the 21st presidential election.
On this day, the federation held a policy advisory committee meeting and discussed the small business policy tasks to be delivered to each presidential campaign in depth.
The federation's policy advisory committee, chaired by Professor Jung-hee Lee of Chung-Ang University, includes Vice Chairpersons Professor Jong-rin Mo of Kyunghee University, Professor Kyu-wan Choi of Kyunghee University, Professor Byeong-hee Lee of Hanyang University, Professor Seung-chan Park of Yongin University, Dr. Eun-ae Jeong of Korea SMEs & Startups Institute (KOSI), and Commissioner Myung-ryeol Yoon. It was launched last February.
In light of the presidential election, the federation is collecting current issues from affiliated trade associations and local branches, based on which it is focusing all efforts on establishing small business policies, such as improving the minimum wage system that the federation has continuously requested, introducing a dedicated electricity rate plan for small businesses, expanding direct loans, and discovering new tasks.
At the meeting, various measures were discussed for small businesses facing the worst situation in history. Centered around the 'five agendas' of overcoming crises, alleviating unfairness, fostering innovative growth, building a social safety net, and strengthening private sector capabilities, over 130 policy tasks were deliberated.
Chairman Chi-young Song of the Korea Federation of Small and Medium Enterprises said, "This election is crucial for the fate of small businesses in South Korea in the face of the worst crisis, where bankruptcies are continuing." He noted, "We will do our utmost to convey the policy tasks reflecting the aspirations of small businesses to politicians so that the small business sector can be a major policy target of the next government."
The federation plans to announce the 'next government small business presidential election pledge policy tasks' by selecting from the policy tasks discussed that day through a survey on the preference of pledges among small businesses nationwide.