President Moon to Host Luncheon with Heads of Four Major Conglomerates on the 2nd of Next Month

[Image source=Yonhap News]

[Asia Economy Reporter Lee Ji-eun] It has been reported that President Moon Jae-in is planning to invite the heads or representatives of the four major conglomerates to the Blue House on the 2nd of next month.

According to business circles on the 27th, the invitees include Chairman Chey Tae-won of SK, Chairman Chung Eui-sun of Hyundai Motor Group, and Chairman Koo Kwang-mo of LG Group. At Samsung Electronics, Vice Chairman Kim Ki-nam may attend in place of Vice Chairman Lee Jae-yong.

This will be the first time since his inauguration that President Moon holds a separate luncheon with the heads of the four major conglomerates. This meeting is in recognition of these four companies' contributions to the outcomes of the Korea-US summit, including their announcement of a $44 trillion investment plan in the United States.

President Moon is expected to urge the heads of the four major conglomerates to continue playing a role in advancing the new Korea-US cooperative relationship.

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