Including Practical Areas of Cooperation Such as Linking the Jeju Buckwheat Industry and Training Center
The National Credit Union Federation of Korea announced that it has signed a "Business Agreement for Revitalizing the Local Economy of Jeju Province" with Jeju Special Self-Governing Province and the Korea Social Enterprise Promotion Agency at the Jeju Provincial Government Office.
This agreement was established to build a mutually beneficial cooperation system aimed at strengthening the competitiveness of Jeju's unique local industries and contributing to the revitalization of the local economy.
At the signing ceremony, more than 30 key local figures attended, including Kim Yunsik, Chairman of the National Credit Union Federation of Korea, Oh Younghoon, Governor of Jeju Province, and Jung Seungguk, President of the Korea Social Enterprise Promotion Agency. The event proceeded with a progress report, the signing of the agreement, and a commemorative photo session.
The main areas of cooperation include revitalizing the buckwheat industry in Jeju, promoting the Jeju Hometown Love Donation Program, supporting educational cooperation projects such as "Learncation," providing rental car discounts for users of the Credit Union Jeju Training Center, and supporting transportation convenience for visitors to the training center. The focus is on establishing a practical foundation for the growth of Jeju's local economy.
Kim Yunsik, Chairman of the National Credit Union Federation of Korea (from the left), Oh Younghoon, Governor of Jeju Special Self-Governing Province, and Jung Seungguk, President of the Korea Social Enterprise Promotion Agency, are posing for a commemorative photo. Photo by National Credit Union Federation of Korea
In particular, the National Credit Union Federation plans to support the establishment of a producer cooperative composed of buckwheat producers as members to revitalize the Jeju buckwheat industry, and will provide multifaceted support for value-added business activities. The organization also intends to closely cooperate with Jeju Province to develop ways for the Credit Union Jeju Training Center, which opened in March this year, to contribute to the local economy.
Jeju Province will actively cooperate in implementing the agreement through administrative support and plans to encourage the participation of the National Credit Union Federation and the Promotion Agency in major provincial initiatives such as the Hometown Love Donation Program and Learncation.
The Promotion Agency pledged its best efforts to provide educational support for the establishment of the buckwheat producer cooperative and to strengthen its management capabilities, thereby laying a sustainable foundation for the cooperative.
Kim Yunsik, Chairman of the National Credit Union Federation of Korea, stated, "As a financial cooperative rooted in the local community, the National Credit Union Federation is taking the lead in fostering local industries and revitalizing the economy. This agreement is a representative example of fulfilling our mission and social responsibility, and we will do our utmost to enhance the added value of the Jeju buckwheat industry and invigorate the local economy of Jeju."
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