KCA News & Media
Press Release
Press Release
| KCA signed an MOU with EUCCK | |||||
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| Date | 2010-09-29 | Hit | 2342 | ||
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- Promoting Consumer-oriented Management Environment -
The Korea Consumer Agency (President: Kim Young-seen, www.kca.go.kr) concluded an MOU with the EUCCK (President: Jean Marie Hurtiger) to promote consumer-oriented management environment of global companies on Sept. 14, 2010.
The conclusion came after a general consensus among the two organizations that inbound investment by global companies can be revitalized by improving consumer rights and interests of global companies operating in Korea via mutual cooperation such as supporting consumer redress services and laying a foundation for continued growth by building consumer confidence.
Main contents of the MOU are as follows:
1. Mutual exchange in the areas of consumer protection such as close policy cooperation, joint research and joint seminars;
2. SupportingEUCCK member companies on consumer education to create a consumer-oriented business environment;
3. Promoting foreign investment inflow from European businesses through building consumer confidence by communicating consumer redress policies;
4. Exchanges of information and periodical publications;
5.Seeking advice on the legislative system related to consumer protection; and
6. Cooperating to develop consumer-related regulations that are both consistent with international standards and comprehensively beneficial to consumers in Korea.
Based on the Agreement, the two organizations are going to fold out a variety of cooperative businesses such as holding a joint seminar related to ‘Consumer Policy of Global Companies’, carrying out consumer education activates for member companies in order to create a consumer-oriented corporate culture, and supporting cross-border consumer dispute resolution.
The Agreement is expected to provide a chance to review how global companies can improve their consumer policy and revitalize their investment in Korea by empowering foreign consumers’ rights and interests. |
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