President Lee Expected to Meet Business Leaders Including Lee Jay-yong and Heads of Economic Organizations This Week

Leaders of the Five Major Conglomerates Likely to Attend

President Lee Jaemyung is expected to meet with major conglomerate leaders, including Samsung Electronics Chairman Lee Jay-yong, and heads of economic organizations as early as this week.

Yonhap News Agency

According to the business community on June 9, the presidential office is reportedly arranging a meeting with major conglomerate leaders and heads of economic organizations on either June 12 or 13. Expected attendees include Lee Jay-yong, Chairman of Samsung Electronics; Chey Tae-won, Chairman of SK Group and Chairman of the Korea Chamber of Commerce and Industry; Chung Euisun, Chairman of Hyundai Motor Group; Koo Kwang-mo, Chairman of LG Group; Shin Dong-bin, Chairman of Lotte Group; as well as Ryu Jin, Chairman of the Federation of Korean Industries; Sohn Kyung-shik, Chairman of the Korea Employers Federation; Yoon Jin-sik, Chairman of the Korea International Trade Association; Kim Ki-moon, Chairman of the Korea Federation of SMEs; and Choi Jin-sik, Chairman of the Korea Federation of Middle Market Enterprises. However, the specific schedule and participants have not been finalized, and it is reported that the Korea Chamber of Commerce and Industry is coordinating the schedule on behalf of the business community.

There is a possibility that countermeasures against U.S. tariff policies and other related issues will be discussed at this meeting. President Lee will attend the Group of Seven (G7) summit in Canada from June 15 to 17. There is speculation that he may hold bilateral and multilateral meetings with major world leaders, including U.S. President Donald Trump. In addition, discussions are expected to cover the promotion of domestic investment, revitalization of the domestic economy, and the recent reintroduction of the Commercial Act amendment bill by the Democratic Party of Korea.

During a meeting with the five major economic organizations on May 8, when he was still a presidential candidate, President Lee stated, "The core of reviving the economy lies with businesses," and promised, "If you can suggest ways to achieve growth and development without causing harm to anyone or negatively impacting society, I will actively embrace them from your perspective."

This content was produced with the assistance of AI translation services.