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Anti-corruption agency pledges reforms after hearing foreign business' grievances

Korea’s anti-corruption agency met with international business executives Wednesday morning to hear firsthand the hurdles facing global firms operating in the country. The policy roundtable, hosted by the Anti-Corruption and Civil Rights Commission at the Korea Press Center in central Seoul, brought together leaders from 10 foreign chambers of commerce. Representatives from Australia, Britain,…

Anti-corruption agency pledges reforms after hearing foreign business' grievances

The Korea Anti-Corruption and Civil Rights Commission convened a policy roundtable on Wednesday to address the issues faced by foreign businesses operating in the country. The meeting, held at the Korea Press Center in Seoul, brought together executives from ten foreign chambers of commerce, including representatives from Australia, Britain, Canada, China, France, Germany, Japan, Singapore, Spain, and Sweden.

The purpose of the session was to gather firsthand feedback on the operational challenges and policy grievances encountered by these companies on a daily basis. The commission organized the event as part of its ongoing efforts to improve administrative policies and create a more transparent and predictable business environment in Korea.

While the roundtable focused on collecting feedback on local regulations, officials also emphasized Korea's recent achievements in combating corruption and its commitment to clean government, with the goal of reassuring international investors of the nation's dedication to fair competition.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at koreatimes.co.kr →

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