Korea Chamber chief urges National Assembly to cut domestic uncertainty and speed reforms

  • Chey Tae-won urged lawmakers to align legislation with the pace of corporate innovation.
  • The committee launched a permanent cooperation framework co-chaired by Woo Won-shik and Chey.
  • KCCI submitted recommendations on industry, taxation, economic security and financial markets.

Chey Tae-won, chairman of the Korea Chamber of Commerce and Industry, urged South Korea’s National Assembly to reduce domestic policy uncertainty and accelerate legislative and institutional reforms alongside corporate innovation. Speaking at the launch of the National Assembly Economic Leap Committee at Sarangjae in Yeouido, Seoul, on the 9th, Chey said delays could cost the economy opportunities for a major advance and asked lawmakers to act as playing coaches by engaging directly with industrial sites. National Assembly Speaker Woo Won-shik and Chey serve as co-chairs of the permanent consultative body, which has subcommittees for industry, tax and finance, and fair trade and capital markets. KCCI submitted recommendations covering advanced-industry regulation, corporate growth incentives, technology-leakage prevention, supply-chain stability, tax support, economic security and financial-market institutions.

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