Hyun-Nam Park, Chairperson of the Korean-German Chamber of Commerce and Industry (KGCCI), participated in a roundtable meeting with the Ministry of Employment and Labor and the Ministry of Trade, Industry and Energy, together with fellow Foreign Chambers of Commerce. The meeting addressed the upcoming implementation of the amended Trade Union and Labor Relations Adjustment Act (“Yellow Envelope Act”) and provided an opportunity for dialogue between the Korean government and the international business community on its practical implications.
Representing the German business community, KGCCI underscored the importance of clear and timely guidelines, a reasonable transition period, and balanced dispute resolution mechanisms to ensure stable industrial relations and operational continuity.
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