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President Yoon Seok-yeol Promotes Development of Small and Medium Companies at Korea Convention

President Yoon Seok-yeol watches a video with attendees on the 2024 Korea Small and Medium Enterprise Convention held on the garden in entrance of the President’s Workplace in Yongsan on the twenty third. About 500 individuals got here to the occasion, together with President Yoon, ministers from 11 authorities ministries, heads of six main companies, and heads of small and medium-sized organizations. / Reporter Kim Beom-jun President Yoon Seok-yeol introduced on the twenty third, “We are going to innovate rules and create a business-friendly atmosphere for the expansion of small and medium-sized companies.” He then emphasised that he would rapidly put together particular help measures resembling ‘vouchers for overseas growth solely’ and coverage funding help to assist small and medium-sized companies broaden overseas.

○ “Jobs will solely enhance if SMEs do properly.”

President Yoon attended the ‘Korea SME Convention 2024’ held on the garden of the Presidential Workplace in Yongsan on this present day and stated, “Solely when SMEs do properly will there be extra good jobs and the livelihood of the individuals. it can get higher.”

Since taking workplace, President Yoon has invited small and medium enterprise homeowners to the President’s Workplace for 3 consecutive years in 2022 and final yr to carry a small enterprise assembly. The small enterprise conference is the one occasion held on the garden of the President’s Workplace for 3 consecutive years. This yr’s Small and Medium Enterprise Competitors is ‘Going into the world with small and medium-sized companies!’ It was designed to encourage small and medium-sized companies to enter overseas markets underneath the slogan ‘To the longer term!’

President Yoon stated, “Wanting again now (on the 2 years since I took workplace), probably the most rewarding and memorable factor was touring world wide with you and actively collaborating in gross sales diplomacy.” “I could not inform you how comfortable I used to be once I heard that the small and medium-sized firm that produced it had signed a memorandum of settlement to provide elements price $1 billion over 10 years with a state-run firm within the United Arab Emirates ,” he recalled. He continued, “Once we go overseas, there’s lots of curiosity in our SMEs which have concepts and know-how, however there are firms that can’t open export channels or want help even when they’ve good merchandise.” We are going to work onerous to help well-equipped small and medium-sized companies, enterprise firms, and start-ups,” he pressured. President Yoon promised to arrange particular help measures by means of the Small and Medium Enterprise Begin-up Assist Act, which was amended in February.

○ Dinner meals is Okay meals like stir-fried rooster noodles

The occasion was a gathering of small and medium enterprises, giant companies, and the federal government. Along with about 500 individuals from the SME business, Samsung Electronics Chairman Lee Jae-yong, LG Group Chairman Koo Kwang-mo, POSCO Group Chairman In-hwa In, Hanwha Group Vice Chairman Kim Dong-kwan , HD Hyundai Vice Chairman Chung Yong-jin, and Shinsegae Group Chairman Jeong Yong-jin had been current. Consistent with the theme of the occasion, ‘Globalization of SMEs,’ ambassadors to Korea from 12 international locations, together with Japan, Saudi Arabia, the United Arab Emirates, and the Netherlands, have lively commerce and human useful resource exchanges with Korea . , attend and work together with small and medium sized exporters.

An exit ceremony was additionally held for the ‘One International Crew’, the place the federal government, giant companies, and abroad Korean firms expressed their will to turn out to be ‘one crew distributors’ to assist small and medium-sized companies advance into abroad markets. Kim Ki-moon, Chairman of the Korea Federation of Small and Medium Companies, stated, “SMEs should additionally transcend home consumption and be reborn as specialised firms that compete within the international market of sellers to create companies small and medium international.” Ye-chan Yoon, CEO of Scala Information, who attended the occasion, stated, “I used to be very moved by the truth that the President personally held the palms of mid-level officers and inquired about their difficulties.” Shinsegae Chairman Jeong Yong-jin stated, “I feel it could be good to offer frequent alternatives for small and enormous firms to even share cultural initiatives,” and added, “Let’s create a basis for Okay tradition by means of permit small and medium sized companies. firms and enormous firms to cooperate and proceed cultural change.”

For the banquet of the occasion, Okay-food was ready, which is produced by small and medium enterprises and is well-liked overseas. Frozen gimbap from meals firm Allgot, which is gaining recognition by supplying it to Commerce Joe, a serious grocery store within the US, and ‘Hearth Rooster Stir-fry Ramen’ from Samyang Meals, which led to ramen exports month-to-month of $100 million. on the desk. The sauce for Buldak Bokkeum Ramen is provided by S&D, a small enterprise. Awards for meritorious service had been additionally held on the occasion. Eleven businessmen obtained awards, together with Choi Geum-sik, CEO of Seonbo Industrial, and Kim Jeong-hee, CEO of H&S Hitech, who obtained the Gold Tower Industrial Service Order of Advantage.

Reporters Yang Gil-seong/Lee Mi-kyung/Received Jong-hwan vertigo@hankyung.com

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