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The Federation of Korean Industries business lobby is foundering as its major conglomerate members pull out.

Park scandal leaves Korean business lobby in shrunken role

Budget shrivels as deep-pocket memebers Samsung, Hyundai flee

| South Korea

SEOUL -- The Federation of Korean Industries is scaling down drastically, trying to refresh its image as mainstay members flee the South Korean business lobby over its association with ousted President Park Geun-hye.

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