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Korea Federation of SMEs Meets Hong Joonpyo... "52-Hour Workweek System Needs Improvement"

Calls for Improvements to the 52-Hour Workweek System, Minimum Wage, and Serious Accidents Punishment Act

The Korea Federation of SMEs announced on April 28 that it met with Hong Joonpyo, a preliminary presidential candidate from the People Power Party, to deliver policy proposals for small and medium-sized business owners.

Korea Federation of SMEs Meets Hong Joonpyo... "52-Hour Workweek System Needs Improvement"

The meeting was also attended by lawmaker Kim Daesik, who is the chief secretary to Hong Joonpyo, as well as over 40 representatives from the SME sector, including Kim Ki-moon, Chairman of the Korea Federation of SMEs; Yoon Haksoo, Chairman of the Korea Specialty Contractors Association; Cho Inho, Chairman of the Korea Mechanical Equipment Construction Association; Park Changsook, Chairwoman of the Korea Women Entrepreneurs Association; Song Chiyoung, Chairman of the Korea Federation of Micro Enterprises; Kang Hwansu, Chairman of the Korea Federation of SME Convergence; Sung Misook, Chairwoman of the Korea Women Venture Association; and Kim Myungjin, Chairman of the Korea Association of Innovative SMEs.


The attending SME representatives requested several key policy measures, including the establishment of a Ministry of Population to address the population crisis, the creation of a Presidential Committee for Innovation and Transition to revitalize small and medium-sized manufacturing, and the right for SME cooperatives to request consultations.


Kim Ki-moon, Chairman of the Korea Federation of SMEs, stated, "Hong Joonpyo, the preliminary presidential candidate from the People Power Party, is a politician who has led efforts to correct unfair economic structures and break down vested interests," adding, "I hope that at least the three major labor issues? the 52-hour workweek system, the minimum wage, and the Serious Accidents Punishment Act? will be improved."


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