![Park Yong-man, chairman of the Korean Chamber of Commerce and Industry, is giving a year-end interview. He pointed out that he helped young entrepreneurs with the'private sandbox' as the most memorable thing. [연합뉴스]](https://i0.wp.com/pds.joins.com/news/component/htmlphoto_mmdata/202012/28/9a3fa523-8c7d-40a1-8a02-7c595b4dfae6.jpg?w=560&ssl=1)
Park Yong-man, chairman of the Korean Chamber of Commerce and Industry, is giving a year-end interview. He pointed out that he helped young entrepreneurs with the’private sandbox’ as the most memorable thing. [연합뉴스]
“I still have an idea whether (the 3rd regulation) should have been dealt with like a political bill.”
Year-end interview ahead of the retirement of Chairman Sang Sang
“Next year’s economic recovery will be short-term
I’m worried about the aftereffects of corona emergency measures
Next Chairman Taewon Choi? “You will find out soon”
Park Yong-man, chairman of the Korean Chamber of Commerce and Industry, said in a year-end interview at the Chamber of Commerce in Jung-gu, Seoul on the 23rd. Chairman Park criticized, saying, “It will reflect the side effects expected in the National Assembly to some extent, and public hearings and debates have been held, but the results of the legislation have not been so.” Earlier, the National Assembly held a plenary meeting on the 9th and passed the so-called ‘3rd Corporate Regulation Act’ (Commercial Law, Fair Trade Law, Financial Group Supervision Law) led by the ruling party.
Chairman Park ordered measures to prevent side effects from the government and the ruling party. He argued, “Because the law has already been passed, it is necessary to preemptively respond to side effects within the framework of the passed law rather than continuing the exhausting controversy,” he argued. In addition, he advised, “Companies should also look for countermeasures in the direction of strengthening transparency and enhancing management efficiency.”
Chairman Park described the National Assembly as “a relationship of love and hatred.” “A lot of the reward and helplessness are all related to the National Assembly,” he said. There was a bitter voice saying, “There should be no other National Assembly that does not work like the 20th National Assembly (2019 year-end interview)”, but he visited the National Assembly more than 1.5 times a month to persuade the deregulation. Chairman Park laughed, “I have walked more than 7km a day in the Assembly Hall.” “(I went to the National Assembly a lot, so there was a National Assembly on TV, and my granddaughter once said,’It’s a grandfather’s company.’
He compared the Korean economy to a roller coaster this year. Chairman Park said, “The first (Corona 19) patient came out in January and fell immediately, and in March, the feeling of crisis was so great that I was worried that the economy would collapse.” “Fortunately, the government’s support measures came out quite quickly. I took a big sigh for giving me.”
However, regarding the forecast for the next year’s economic recovery, he said, “I am worried about the size of the uncertainty too much.” “There is no doubt that the base effect will show a recovery compared to this year, but it will be only in the short term,” he said. “There seems to be the aftereffects of emergency measures such as an increase in the budget invested to overcome the unprecedented Corona 19 crisis.” I looked out.
Chairman Park said, “The debt ratio is very high, and the financial capacity is exhausted, so I am a little worried about the expectation that the economy will recover.” . “Because there are global problems such as asset market imbalance and job market polarization, it is not a situation to like to be out of crisis,” he said, citing private debt, the presidential election in the second half, and the launch of the US administration in Biden as uncertainties next year.
Regarding the prolonged battery lawsuit between LG Chem and SK Innovation, Chairman Park said, “I was told to mediate the two companies, but it’s not like negotiating between friends. Since the viewpoint is different, it seems that it will be solved only when a conclusion by law comes out in any form.”
He said, “I haven’t been thinking about it yet” about the steps since the resignation of the chairman of the Daehan Sangsang. At the same time, Chairman Park added, “There are regrets that the things that had to be changed had to be changed, but that they could not change, and there is a regret that the good things were kept consistently.” About SK Group Chairman Choi Tae-won being mentioned as a candidate for the next chairman, he avoided a specific comment, saying, “We need to gather the suspension of the chairmanship no matter what shape it is in a month from now” and “If you wait a little, you will know soon”.
Reporter Kiheon Kang [email protected]