Lee to hold 2nd plenary meeting on deregulation this week

President Lee Jae Myung will convene a meeting this week to address regulations and foster advanced industries, his office announced on Tuesday. The second plenary session of the regulation rationalization committee is scheduled for Friday, following the inaugural meeting in April, as per Cheong Wa Dae. The upcoming discussion aims to explore ways to ease regulations in support of the Lee administration's plan for regional growth, as well as its ambition to achieve global leadership in advanced sectors.

During the meeting, officials will propose solutions to regulatory hurdles hindering the growth of industries such as robotics, semiconductors, artificial intelligence data centers, self-driving vehicles, and biotechnology. They are also anticipated to deliberate on eliminating superfluous regulations to stimulate the expansion of venture companies.

The Friday meeting will convene officials from Cheong Wa Dae and various ministries, including finance, science, interior, industry, health, and labor.