Lee to hold 2nd plenary meeting on deregulation this week

President Lee Jae Myung is set to attend a crucial meeting this week focused on easing regulations to foster advanced industries and promote balanced development, according to the presidential office. The second plenary session of the regulation rationalization committee is scheduled for Friday, following the initial meeting held in April.

This upcoming gathering aims to explore strategies to alleviate regulations that support the administration's development plan centered on regional growth and achieving global leadership in advanced industries. Officials will present potential solutions to regulatory barriers hindering the expansion of growth-driven sectors, such as robotics, semiconductors, artificial intelligence data centers, self-driving vehicles, and biotechnology.

Additionally, discussions will center around streamlining redundant regulations to bolster the growth of start-ups. The Friday meeting will convene representatives from Cheong Wa Dae, finance, science, interior, industry, health, labor, land, and other key government ministries, alongside experts from both local businesses and the private sector.