Urgent.News

What's breaking now, across thousands of outlets.

World

Lee to hold 2nd plenary meeting on deregulation this week

President Lee Jae Myung will attend a meeting this week aimed at easing regulations to help nurture advanced industries and ensure balanced development, his office said Tuesday. The second plenary meeting of the regulation rationalization committee will be held Friday following the first session in April, according to Cheong Wa Dae. The upcoming meeting is expected to discuss ways to ease…

Lee to hold 2nd plenary meeting on deregulation this week

President Lee Jae Myung will convene a meeting this week to discuss regulatory easing aimed at fostering advanced industries and achieving balanced development, according to his office. The second plenary session of the regulation rationalization committee is scheduled for Friday, following the inaugural gathering in April, as per Cheong Wa Dae.

The upcoming meeting is anticipated to explore methods to alleviate regulations in support of the Lee administration's development strategy, which prioritizes regional expansion and global leadership in advanced sectors. During the deliberations, representatives will propose resolutions to regulatory hurdles hindering the advancement of growth-inducing industries, such as robotics, semiconductors, artificial intelligence data centers, autonomous vehicles, and biotechnology.

Additionally, discussions are expected to address the streamlining of redundant regulations to stimulate the expansion of venture enterprises. The Friday meeting will convene officials from Cheong Wa Dae along with representatives from the finance, science, interior, industry, health, and labor ministries.

Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at koreatimes.co.kr →

More in World

More from Tuesday 20 October →