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Park Yong-man, president of the Korean Chamber of Commerce and Industry, visited the National Assembly on the 22nd and met with representatives of the ruling and opposition parties. This was to convey concerns about the amendment to the Trade Act and the Fair Trade Act. This is because President Park’s “ opposition and opposition tour ” was due to the fact that, unlike the existing opposition conservative party, Kim Jong-in, chairman of the Emergency Response Committee, expressed his intention to cooperate with the ruling party in reviewing the law. The corporate world became so urgent.
President Park first visited President Kim Jong-in, the people’s power at 11 am on this day. In a nine-minute private interview, which took place without public comment, President Park is known to have said, “I understand for what purpose the bill was initiated,” but that some ‘toxin provisions’ need to be discussed with the business community. . The two are said to have had a relatively casual conversation in a private interview.
After the interview, President Kim said, “We are not trying to make a law that could cause a major loss for the Korean economy.” “I told (President Park) not to worry because we will reflect that well in the proper deliberation process.” “Entrepreneurs’ concerns and things that can be judged based on common sense are inevitably different, but can we find some joints there?” In the broader framework, they agree with the amendment of the Trade Law and the Fair Trade Law, but in detail, they will be adjusted. President Park left without expressing his feelings. However, President Park said: “The atmosphere of the conversation was not bad” and “I think I will have to wait what measures the opposition party will take in the future.”
President Park met with Lee Nak-yeon, head of the Democratic Party, at 2 pm on the same day, “There is a problem with the method and procedure to review the law.” “It is very likely that it is excessively legislative.” And more actively expressed. The Democratic Party set up a forum for everyone to speak with reporters before the private interview with CEO Lee and President Park. CEO Lee said for the first time, “Today, President Park came on purpose, so after hearing the word, I will post it.” Then President Park said: “Because the government says it will (will review the law), there are many concerns that whether the opposition parties agree, it will go to ilsacheonri or not. “. Said.
Unlike the opposition party, where President Kim only met with Park, the Democratic Party had a host of leadership figures such as Policy Committee Chairman Han Jeong-ae, party representative Oh Young-hoon, and Kim. Young-bae, head of the political bureau. Representative Lee said, “I always very much appreciate President Park’s open mind to conversation.” He said: “I will help companies prepare for the post-Covid-19 situation and rush to publish the regulations.” He said: “In the process of implementing the ‘Law of the Three Fair Economies’, I promise to follow the process of listening to the views of the business community.”
CEO Lee said, “I think the business community will agree that the direction we should take is clear.” Avoid direct expression, but in the end, it means that the trend of revisions of the Trade Law and the Fair Trade Law is irreversible. In this regard, the business community evaluated it as “positive that a discussion forum was promised on some provisions on toxins.” President Park also told this magazine that “the two parties (兩黨) took a step forward by announcing their intention to hear corporate opinions through public hearings.”
Businesses are concerned that if the amendment to the Trade Law and the Fair Trade Law is passed as is, penetration of foreign speculative capital will be easier, which will influence management rights and excessive regulations will be imposed on companies. transactions between companies. In particular, in the case of a multiple representative trial system allowed by the Commerce Law amendment, it is expected that the purpose of establishing a subsidiary for a new business or responsible management will be undermined, and will lead to a large amount of litigation for specific purposes of individual shareholders.
