Paju-si - Paju-si Entrepreneurs Association Federation Business Agreement

Paju-si and Business Leaders Pledge to Strengthen Cooperation for Livelihood Stability

Gyeonggi Paju City (Mayor Kim Kyung-il) signed a business agreement on the 23rd at the city hall reception room with the Federation of Business Associations, composed of business associations from Paju City's towns and townships, to stabilize people’s livelihoods and promote regional economic growth.

Kim Kyung-il, Mayor of Paju City, is taking a commemorative photo with attendees after signing a business agreement for public livelihood stability and regional economic growth with the Federation of Business Associations, composed of business associations from towns and townships of Paju City, at the city hall reception room on the 23rd. Photo by Paju City

The Federation of Business Associations is an organization made up of business associations from each town and township, serving as a driving force for the growth of Paju City's regional economy.

The main contents of this agreement include strengthening cooperation for stabilizing people’s livelihoods and recovering the regional economy, conducting mutual exchange and collaboration, and exploring ways to activate ESG (Environmental, Social, and Governance) management.

In particular, by signing this agreement during a difficult time facing triple hardships caused by decreased demand, China's low-price competition, and soaring logistics costs, it holds significance as the government and businesses join forces to seek new growth opportunities.

Mayor Kim Kyung-il of Paju City stated, “We expect this agreement to firmly strengthen the cooperative relationship between Paju City and businesses, turning the current crisis into an opportunity,” and added, “We will communicate closely and cooperate to promote the development of local businesses.”