The Korea Federation of Small and Medium Enterprises said on the 18th that it held a "meeting for on-site communication between new Fair Trade Commission Chair Joo Byung-gi and small and medium-sized businesspeople" at the Korea Federation of Small and Medium Enterprises in Yeouido, Seoul.
As his first official schedule after taking office, Fair Trade Commission Chair Joo Byung-gi visited the small and medium-sized business sector to hear directly about the on-site difficulties of small and medium-sized businesses and small merchants.
About 40 people attended the meeting, including Korea Federation of Small and Medium Enterprises Chair Kim Ki-moon; Korea Specialty contractors association Chair Yoon Hak-su; Korean Women Entrepreneurs Association Chair Park Chang-suk; and Innobiz Association Chair Jeong Gwang-cheon, along with heads of small and medium-sized business organizations and chairs of small and medium-sized enterprise cooperatives by industry.
The small and medium-sized businesspeople at the meeting delivered 17 policy improvement proposals to create a fair market ecosystem and asked for measures to be prepared, including: ▲ legislative supplements to enhance the effectiveness of the price linkage system for supply payments ▲ introduction of a Korea-style discovery process to eradicate technology theft from small and medium-sized businesses ▲ support for damaged small and medium-sized businesses using penalty surcharge funds for unfair transaction violations ▲ granting cooperatives of small and medium-sized enterprises the right to request consultations ▲ enactment of the online platform transaction fairness act.
KBIZ Chair Kim Ki-moon said, "As nearly 50% of small and medium-sized businesses receive orders from prime contractors and are placed in a superior-subordinate relationship, the role of the Fair Trade Commission is important to ensure that the market functions fairly and that small and medium-sized businesses receive fair compensation."
Fair Trade Commission Chair Joo Byung-gi said, "I will do my best to ensure a stable management environment and fair competitive conditions for small and medium-sized businesses," adding, "While responding actively to unfair practices in the market, we will closely examine the effects and concerns about side effects in the process of pushing new systems."