SEOUL, June 10 (AJP) - President Lee Jae-myung is set to hold his first meeting with the heads of largest conglomerates this week.
The meetings are expected to take place Thursday or Friday at the presidential office in Yongsan, ahead of Lee’s departure for the Group of Seven summit in Canada, scheduled for June 15 to 17. The agenda is expected to focus on current economic challenges and the administration’s policy priorities.
According to business people briefed on the plans, the president will sit down with leaders of South Korea’s five largest conglomerates — Samsung, SK, Hyundai Motor, LG and Lotte — as well as the heads of six major economic organizations, including the Korea Chamber of Commerce and Industry and the Korea Employers Federation.
Among the expected attendees are Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won, Hyundai Motor Group Chairman Chung Eui-sun, LG Group Chairman Koo Kwang-mo and Lotte Group Chairman Shin Dong-bin.
President Lee, who campaigned on pro-growth economic policies, has made no secret of his intention to court the business community.
“Companies are at the center of reviving the economy,” he said during his campaign, adding, “The era when the government leads economic and industrial issues has already passed.”
Since taking office, Lee has moved quickly to set his economic agenda.
His first administrative act was to launch an emergency economic review task force. He is also preparing for bilateral talks with U.S. President Donald Trump, expected on the sidelines of the G7 summit, with tariffs and trade relations on the table.
The upcoming meeting with South Korea’s top corporate leaders signal Lee’s determination to align his administration closely with the private sector and to take a pragmatic approach to economic governance in a challenging global environment.
reporter
Candice Kim
candicekim1121@ajupress.com
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