Chojung-sik Advocates for Legislative Improvements Reflecting Voices of SMEs

by MOONKI CHANG Posted : September 16, 2026, 18:48Updated : September 16, 2026, 18:48
Chojung-sik, the Speaker of the National Assembly, met with Kim Ki-moon, President of the Korea Federation of Small and Medium Businesses, on September 16 to discuss key legislative issues affecting small and medium enterprises (SMEs).

During the meeting, Speaker Chojung-sik noted, "Despite the challenging economic conditions this year, SME exports reached a record high of $64 billion in the first half of the year," expressing gratitude for the significant contributions of various sectors, including cosmetics and semiconductors, to the country's export growth.

He pledged that the National Assembly would work harder to ensure that the voices of SMEs are adequately reflected in legislation and institutional improvements, stating, "We will also strive to enhance the system to establish a fair market order."

Chojung-sik emphasized the need for active government support and urged SMEs to turn crises into opportunities, particularly in the context of the transition to artificial intelligence (AI) and the era of carbon neutrality.

In response, Kim Ki-moon acknowledged the Speaker's deep commitment to supporting SMEs across various sectors, including legislation. He requested special attention to the serious issue of polarization among SMEs.




* This article has been translated by AI.