Sejong to Host Gyeongnam-Changwon Defense Industry Forum with Korea Defense Industry Association
Support for SMEs in the Defense Sector: Legal Compliance and Government Aid
Reviewing Government Support Systems and Legal Risks
Law Firm Sejong announced on the 2nd that it will co-host the "Gyeongnam·Changwon Defense Industry Forum" with the Korea Defense Industry Association at the Changwon Convention Center at 2:00 p.m. on October 6.
This forum will be held under the theme, "Conditions for Survival and Growth of Defense Companies: Law and Support." As exports of K-defense products have increased recently, not only the role of system integrators but also that of small and medium-sized partner companies supplying parts and materials has grown. Additionally, amendments to defense-related laws and changes in government support systems have been ongoing; the forum is being held in response to these trends.
The forum will be attended by Shin Sangbeom, President of the Defense Agency for Technology and Quality, as well as representatives from local defense companies and the Korea Defense Industry Association, with around 100 participants expected. The event will be moderated by Sejong attorney Kim Younghoon and will begin with opening remarks from Sejong Advisor Kim Jeongsu and Korea Defense Industry Association Executive Managing Director Lee Chang-sik.
In the first session, Sejong attorney Kim Younghoon will discuss "Recent Amendments to Defense Industry Laws and Practical Response Strategies," detailing the latest changes to relevant laws and corporate work strategies. This will be followed by Lee Kyunghoon, Section Chief for SME Defense Industry Support at the Defense Acquisition Program Administration, who will introduce national support systems and policies for defense SMEs, and Professor Yang Minsu of Hanbat University, who will present on the current status and future development of the maritime defense industry.
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After topic presentations and a Q&A session, Sejong attorneys, advisors, and expert committee members will provide individual legal consultations to interested companies. On the following day, Sejong's Defense and National Security Team will visit defense companies in the Gyeongnam·Changwon region to hold meetings and listen to legal challenges faced on site.
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