The Korea Federation of Small and Medium Enterprises said on the 11th that it held the "2025 2nd Fair Trade Promotion Committee" at KBIZ in Yeouido.
The Fair Trade Promotion Committee was formed to discuss ways to improve unfair trade practices between large and small and medium-sized companies and promote win-win cooperation, and 15 people attended the meeting that day, including Chairperson Jeong Han-seong, head of the Korea Fastener Industry Cooperative, and Commissioners from industry-specific cooperatives, academia, the legal community, and research circles.
The committee shared updates on supplementary legislation and on-the-ground adoption of the subcontract price indexation system, progress in improving fair trade systems, and cases of win-win cooperation between large and small and medium-sized companies, and held discussions to identify the 2026 agenda for improving fair trade systems.
Attending Commissioners said that since the launch of the current administration, the year marked meaningful progress in policy and institutional efforts to establish a fair market order between large and small and medium-sized companies, citing measures such as "an amendment to the Win-Win Cooperation Act expanding the scope of the subcontract price indexation system to include energy expense," and "the Ministry of SMEs and Startups' announcement of measures to eradicate technology theft from small and medium-sized companies."
However, they agreed that it is important to continuously gather opinions from the small and medium-sized business community during the process of designing systems so that these tasks can function as policies suited to the realities on the ground for small and medium-sized companies.
Chairperson Jeong Han-seong said, "With the combination of platforms and technology and services, the transaction environment between large and small and medium-sized companies is becoming more complex and the pace of change is accelerating," adding, "The committee will take the lead in proactively identifying unfair practices that small and medium-sized companies feel, preparing system improvement measures based on the realities of small and medium-sized companies, and doing our best to submit concrete policy proposals to the government and the National Assembly."