CHAPTER I GENERAL PROVISIONS
Article 1(Purpose) #
The purpose of this Act is to prescribe matters concerning the establishment and operation of chambers of commerce and industry and the Korea Chamber of Commerce and Industry with the aim of contributing to developing the national economy by elevating the economic and social status of merchants and industrialists and bolstering the competitiveness of the nation's commerce and industry.
[This Article Wholly Amended on May 24, 2011]
Article 2(Juristic personality) #
Every chamber of commerce and industry and the Korea Chamber of Commerce and Industry established pursuant to this Act shall be a juristic person.
[This Article Wholly Amended on May 24, 2011]
Article 3(Work) #
Every chamber of commerce and industry and the Korea Chamber of Commerce and Industry shall perform the work falling under each of the following subparagraphs:
1. Consultation and suggestion on commerce and industry-related policies of the Government and local governments;
2. Surveys and research on the commerce and industry;
3. Formulation and implementation of plans to support the commerce and industry;
4. Collection and publication of information and materials on the commerce and industry;
5. Guidance, education concerning the commerce and industry and assist and intermediation of transactions;
6. Verification, inspections and evaluation concerning the commerce and industry;
7. Distribution and authorization of technology and skills concerning the commerce and industry;
8. Cooperation and coordination between conglomerates and small and medium enterprises;
9. Cooperation with domestic and foreign institutions concerned with commercial arbitrations;