The Korea Federation of Small and Medium Enterprises is located in Yeouido, Seoul. /Courtesy of News1

The Korea Federation of Small and Medium Enterprises' Seoul Regional Headquarters recently announced that it held the "Seoul Traditional Market Vitalization and Love Sharing Ceremony" on the 18th to recover from the stagnant domestic economy and promote coexistence in the local community.

This event is part of the follow-up action plan from the "Public-Private Partnership to Revitalize Livelihood" memorandum of understanding (MOU) signed on July 7 by the Korea Federation of Small and Medium Enterprises and The Federation of Korean Industries. It is a voluntary campaign conducted at the private level to support struggling small business owners and self-employed individuals and to revive the local economy.

The ceremony began with listening to the difficulties faced by welfare facilities, traditional markets, and small businesses. The Korea Federation of Small and Medium Enterprises then delivered 10 million won worth of Onnuri gift certificates to the Seoul Welfare Center for the Visually Impaired. The delivered gift certificates will be used to purchase goods at traditional markets.

Attending the event were key figures from the small business sector, including Im Chun-dae, chair of the Planning and Economy Committee of the Seoul City Council; Park Jong-seok, chair of the Seoul branch of the Korea Federation of Small and Medium Enterprises; and Jeong Gyeong-eun, head of the Seoul Regional Headquarters, as well as Seo Hye-mi, director of the Seoul Welfare Center for the Visually Impaired, and Choi Jae-ok, chair of the Saemaul Traditional Market Merchant Association, along with other officials from support organizations and traditional market stakeholders.

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