President Lee Jae Myung will meet with leaders of main South Korean enterprise teams this weekend to debate follow-up measures after the discharge of a joint summit doc with the US on commerce and different points, his workplace stated Friday.
The assembly comes after Seoul and Washington launched the joint reality sheet on Friday outlining the agreements reached of their two current summits, together with particulars of Seoul’s US$350 billion funding plans within the U.S. in trade for decreasing U.S. tariffs from 25 % to fifteen %.
The assembly will probably be attended by Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won, Hyundai Motor Group Government Chair Euisun Chung, LG Group Chairman Koo Kwang-mo and a number of other different C-suite executives from conglomerates like HD Hyundai and Hanwha, the presidential workplace stated in a message to media.
Lee Jae Myung is predicted to make use of the assembly to clarify the main points of the ultimate commerce deal and steps that might comply with, and search enter from enterprise circles.
The very fact sheet covers core enterprise sectors of the businesses whose leaders will attend the assembly, together with semiconductors, vehicles, the protection trade and prescribed drugs.
Lee is predicted to underscore the necessity to work collectively as “one workforce” in adapting to numerous adjustments within the present commerce panorama.
The assembly might additionally contact on points associated to home funding and job creation, in addition to the federal government’s reform efforts in regulation, finance and labor, amongst others.
