Home » Business » Small and Medium Business Federation New Year’s Meeting… Chairman Ki-moon Kim “Let’s turn crisis into opportunity”

Small and Medium Business Federation New Year’s Meeting… Chairman Ki-moon Kim “Let’s turn crisis into opportunity”

Input 2021.01.19 15:06

Prime Minister Jeong Sye-gyun (center), Small and Medium Business Minister Park Young-sun (right), and Small and Medium Business Administration Chairman Kim Ki-moon attend the New Year’s Meeting of Small and Medium Enterprises held at the Yeouido Small and Medium Business Administration in Seoul on the afternoon of the 19th.

On the afternoon of the 19th, the Korea Federation of Small and Medium Businesses held the ‘2021 New Year’s Meeting for Small and Medium Businesses’ by inviting key figures from various fields online and offline at the KBIZ Hall of the Small and Medium Business Administration in Yeouido, Seoul.

The event was attended by Prime Minister Jeong Se-gyun, Minister of Employment and Labor Lee Jae-gap, Minister of Employment and Labor, Park Young-sun, Minister of Small and Medium Venture Business, Lim Seo-jeong, chief of jobs at the Blue House, Lee Nak-yeon, president of the Democratic Party, Kim Jong-in, chairman of the People’s Power Emergency Response Committee, and Son Kyung-sik, chairman of the Korea Employers Federation.

Mid-term Central Chairman Kim Ki-moon said in an opening remark, “60.3% of all SMEs faced the worst economic environment since the IMF financial crisis, such as a decline in sales last year,” and asked them to do all they can to overcome the crisis.

In addition, they appealed for △continuous support for resolving the liquidity crisis, △preparation of supplementary measures for the severe disaster punishment law △recognition of the 52-hour weekly exception considering the specificity of the industry, and △the establishment of a fair economic ecosystem between large and small companies.

Representatives of SMEs who participated through the video conferencing system requested △extending the maturity of loans due to the liquidity crisis, △applying flexible quarantine regulations considering the industry, △reduction of income tax and VAT.

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