German-French Chamber of Commerce in Korea expresses concerns about the ”yellow envelope law” to the Speaker of the National Assembly, calling for its completion.

Park Hyun-nam, president of the German Chamber of Commerce and Industry in Korea (KGCCI), and David-Pierre Jaricon, president of the French Chamber of Commerce and Industry in Korea (FKCCI), delivered a speech at the National Assembly on the 26th regarding Woo Won-si.
On the 27th, the president revealed that he met with National Assembly Speaker Woo Sik. During the meeting, they discussed the business environment for foreign-invested companies, major regulatory issues, and ways to expand economic cooperation between the two countries.
During the meeting, we discussed concerns over the "Yellow Envelope Law" recently passed by the Diet, energy transition policies, and measures to ensure investment predictability and stability in the industrial sector for foreign companies.
The German-French Chamber of Commerce in Korea conveyed to the Chairman the uncertainty and transparency concerns of foreign companies regarding the Yellow Envelope Law.
He reiterated that it is essential to develop complementary measures to minimize the impact on Korea's investment attractiveness and job creation.
They shared that German and French companies plan to strengthen cooperation with Korea in the future. The two organizations will continue to maintain close communication with the Korean government and the National Assembly to support the stable operations of foreign companies.
The two sides agreed to strengthen the foundation for permanent economic cooperation. Chairman Park of the German Chamber of Commerce in Korea said the meeting was a "significant opportunity to demonstrate the importance of economic relations between Korea and Germany."
In particular, he said that the German Business Asia-Pacific Conference (APK), which will be held in Seoul next year, is expected to be a decisive opportunity to further strengthen economic cooperation between the two countries.
The German Chamber of Commerce in Korea will continue to maintain close dialogue with the Korean government to create a predictable and reliable business environment so that German companies can invest and grow in Korea.
Meanwhile, the German Chamber of Commerce in Korea is actively preparing for the conference to be held in Seoul in October 2026. This large-scale international event will
Approximately 800 political and economic leaders from Germany and the Asia-Pacific region are expected to participate, and a visit to Korea by high-ranking German political and business leaders is also planned.